Moody’s Upgrades Sabra Health Care REIT, Inc.’s Outlook to Positive, Affirms Credit Rating
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) announced that Moody's Ratings has affirmed Sabra's Ba1 credit rating and upgraded its outlook from 'Stable' to 'Positive' on October 17, 2024.
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The report credits Sabra’s upgraded outlook to improving industry fundamentals for skilled nursing and senior housing, which is driving an improvement in Sabra’s key credit metrics, particularly net debt to EBITDA. For additional information, Moody’s Ratings report can be found on its website at www.moodys.com.
About Sabra
Sabra Health Care REIT, Inc., a
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Source: Sabra Health Care REIT, Inc.