Credit And FinancingManagement may need to use the credit facility for a newly announced portfolio deal due to the stock trading down and limited ability to finance with equity.
Financial PerformanceLeverage increased to an elevated 7.4x, raising concerns about the company's financial stability.
Lease RejectionSteward Health Care formally rejected its lease at the Beaumont Health Facility, which accounted for a significant portion of total Steward related rent.