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Healthpeak Properties (NYSE: DOC) lifts term loan capacity to $2.0B
Healthpeak Properties, Inc. (NYSE: DOC) amended several credit agreements, including increasing its maximum aggregate borrowing capacity under its term loan credit agreement from $1.5 billion to $2.0 billion. This expansion includes a new $400.0 million senior unsecured delayed draw term loan facility with a five-year maturity. The amendments also facilitated the Janus Living, Inc. IPO, and the new loans will bear interest based on Healthpeak OP’s debt ratings.