Omega Healthcare to use notes offering to pay down loans, revolver

By Tali Rackner

Norfolk, Va., March 6 - Omega Healthcare Investors, Inc. intends to repay a portion of its outstanding term loans and revolving credit facility borrowings with the proceeds from a senior notes offering, according to a press release.

Omega is a Hunt Valley, Md.-based real estate investment trust investing in and providing financing to the long-term care industry.

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