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Sabra Health Care
ISIN: US78573L1061
WKN: A1C9KE
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Sabra Health Care · ISIN: US78573L1061 · Business Wire (ID: 20241021017152)
21 October 2024 10:05PM

Moody’s Upgrades Sabra Health Care REIT, Inc.’s Outlook to Positive, Affirms Credit Rating


Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) announced today that Moody’s Ratings (“Moody’s”) issued a report on October 17, 2024 affirming Sabra’s Ba1 ratings and upgrading Sabra’s outlook to “Positive” from “Stable”.

The report credits Sabra’s upgraded outlook to improving industry fundamentals for skilled nursing and senior housing, which is driving an improvement in Sabra’s key credit metrics, particularly net debt to EBITDA. For additional information, Moody’s Ratings report can be found on its website at www.moodys.com.

About Sabra

Sabra Health Care REIT, Inc., a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a “REIT”) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

Contact

Investor & Media Inquiries: 1-888-393-8248 or investorinquiries@sabrahealth.com

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