NATIONAL HEALTHCARE CORP (NHC) Form 8-K — Jul 1, 2026
National HealthCare Corporation (NHC) completed the $560 million acquisition of real estate for 32 skilled nursing facilities and three independent living facilities from National Health Investors, Inc. (NHI). The company had been leasing these facilities since 1991 under a Master Agreement to Lease, and management expects the transition to ownership to be accretive to earnings and cash flow. To fund the transaction, NHC drew down $475 million under a senior unsecured term loan facility and $55 million under a senior unsecured revolving credit facility.
Key figures
- Debt Amount
- 475000000
- Deal Value Usd
- 560000000
- Revolver Draw
- 55000000
- Facilities Acquired
- 35
- Revolver Commitment Total
- 75000000
Price after filing
Close on the filing date to close N calendar days later (from $212.71). Historical, not a forecast.
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