National Health Investors, Inc. (NYSE:NHI): $200 Million Revolving Credit Facility
H3GM assisted National Health Investors, Inc. (NYSE:NHI) in securing a $200 million unsecured revolving credit facility that will be used for general corporate purposes, including working capital requirements and funding new healthcare real estate investments. Wells Fargo led a syndicate of banks that includes BMO Capital Markets, KeyBank and Pinnacle National Bank.
Justin Hutchens, NHI Chief Executive Officer and President, noted, “With the addition of this credit facility, NHI is well positioned to continue our selective growth strategy. This strong bank group stepped up with large commitments and was able to provide favorable terms. We sincerely appreciate each bank’s confidence in NHI.”
About National Health Investors
National Health Investors, Inc. is a healthcare real estate investment trust that specializes in the financing of healthcare real estate by purchase and leaseback transactions and by mortgage loans. NHI’s investments involve skilled nursing facilities, assisted living facilities, independent living facilities, medical office buildings, and hospitals based on acute and rehabilitative care. The common stock of the company trades on the New York Stock Exchange with the symbol NHI. Additional information about NHI, including its most recent press releases, may be obtained on NHI’s web site at www.nhireit.com.
