
Sabra Health Care Limited Partnership, founded in 2010 and headquartered in Irvine, California, focuses on acquiring and managing healthcare real estate investments. The company primarily invests in skilled nursing facilities, assisted living facilities, and other healthcare-related properties, catering to the growing demand for senior housing and care services.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SBRA 3.20% 2031-12-01 USDSabra Health Care Limited Partnership | United States | 2031-12-01 | 3.200 | 4.86 |
SBRA 3.90% 2029-10-15 USDSabra Health Care Limited Partnership | United States | 2029-10-15 | 3.900 | 4.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sabra began its bond issuance program in 2013, with its inaugural offering of $300 million in senior unsecured notes. The company has since issued several rounds of bonds, including a notable $500 million issuance in 2020 that helped finance acquisitions and consolidate debt. Current yields on Sabra's bonds are competitive within the healthcare REIT sector, often reflecting its strategic investments and market position. In 2022, Sabra introduced a green bond initiative, aiming to finance environmentally sustainable healthcare facilities, which has garnered positive investor interest and enhanced its commitment to responsible practices in healthcare real estate.