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

Business Wire

22 Oct 2024

TUSTIN, Calif., October 21, 2024--(BUSINESS WIRE)--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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241021017152/en/

Contacts

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(\"Sabra\") (Nasdaq: SBRA) announced today that Moody’s Ratings (\"Moody’s\") issued a report on October 17, 2024 affirming ...</p>\n\n<a href=\"https://finance.yahoo.com/news/moody-upgrades-sabra-health-care-200500510.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SBRA","symbol_name":"Sabra Healthcare REIT","start_time":0,"source_url":"https://finance.yahoo.com/news/moody-upgrades-sabra-health-care-200500510.html","article_id":"2477802819","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/aiZIzvXDjIPCCwuucSx2hw--~B/aD00NTA7dz0xNjUwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/business-wire.com/1c519f4a7757ce43d7da7b1a98a8035d"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477802819","pubTimestamp":1729541100,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"TUSTIN, Calif., October 21, 2024----Sabra Health Care REIT, Inc.   announced today that Moody’s Ratings  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.Sabra Health Care REIT, Inc., a Maryland corporation, operates as a self-administered, self-managed real estate investment trust  that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"SBRA":"Sabra Healthcare REIT","REIT":"ALPS Active REIT ETF"},"translate_title":"穆迪将Sabra Health Care REIT，Inc.的前景上调至正面，并确认信用评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"REIT":1,"SBRA":1},"content_text":"TUSTIN, Calif., October 21, 2024--(BUSINESS WIRE)--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\".\nThe 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.\nAbout Sabra\nSabra 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.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241021017152/en/\nContacts\nInvestor & Media Inquiries: 1-888-393-8248 or investorinquiries@sabrahealth.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}