NasdaqGS:DHCHealth Care REITs
Does DHC's Latest Debt Refinancing Reflect a Strategic Shift in Balance Sheet Management?
Diversified Healthcare Trust recently priced and completed a US$375 million offering of 7.25% senior secured notes due in October 2030, secured by interests in subsidiaries that own 36 U.S. properties and guaranteed by additional subsidiary guarantors.
This refinancing allows DHC to retire existing 2026 notes and adjust its financial structure, with further proceeds earmarked for asset sales, fees, and general business purposes.
We'll explore how this debt refinancing, secured by substantial...