Omega Healthcare Investors Inc., a real estate investment trust based in Timonium, Md., has closed on a new $225 million senior secured credit facility.The new facility, arranged and syndicated by GE Healthcare Financial Services, includes a $125 million term loan and a $100 million revolving line of credit, Omega said. The loan has a four-year term with a one-year extension option. The proceeds will be used to refinance Omega's two existing credit facilities and issue letters of credit, as well as for general corporate purposes. The companies can be found online at http://www.omegahealthcare.com and http://www.gehealthcare.com.
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