S&P affirms Omega Healthcare

Standard & Poor's said it affirmed its BB corporate credit, BB senior unsecured debt and B+ preferred stock ratings on Omega Healthcare Investors Inc.

The outlook is stable.

The agency said the speculative-grade ratings reflect the company's modest liquidity position and significantly higher exposure to government reimbursement at the operator level when compared with the rated peer group.

The ratings are supported by the company's stable portfolio and strong coverage measures, S&P added.

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