Community Healthcare Expands Credit Line for Growth

Community Healthcare ( (CHCT) ) just unveiled an update.

Community Healthcare Trust Incorporated has significantly bolstered its financial flexibility by amending its credit agreement to expand its revolving credit line from $150 million to $400 million, with Truist Bank as the administrative agent. The new agreement, which extends the credit line’s maturity to 2029 and reduces interest rates by 10 to 30 basis points, provides enhanced liquidity and better pricing terms. This strategic move also allows the company to repay existing term loans and maintain outstanding balances, supporting future growth and stability.

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