Moody's raises Omega Healthcare to positive

Moody's Investors Service said it affirmed the ratings of Omega Healthcare Investors Inc. (senior debt at B1) and changed the outlook to positive.

Moody's affirmed Omega Healthcare's senior unsecured debt at B1, senior debt shelf at prospective B1, series B and D preferred stock at B3 and preferred stock shelf at prospective B3.

According to Moody's, this outlook change resulted from Omega's anticipated completion of $79 million in new investments, increasing its credit facility to $175 million and improved credit measures.

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