Omega Healthcare may draw on revolver for share purchase program

Chicago, Jan. 28 – Omega Healthcare Investors, Inc. may draw on its revolving credit facility as a source of funding for a newly announced $500 million three-year stock repurchase program, according to a press release.

Other sources of financing for the repurchases may include cash flow from operations, balance sheet cash or planned asset sales.

Omega is a Hunt Valley, Md.-based real estate investment trust focused on the long-term-care industry.

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