UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20459
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 1.01. — Material Definitive Agreement
On January 4, 2024, LTC Properties, Inc. (“LTC”) announced that it had entered into a Second Amendment to Third Amended and Restated Credit Agreement (the “Credit Agreement”) to accelerate the one-year extension option notice date to January 4, 2024. Concurrently, LTC exercised its option to extend the maturity date of the Credit Agreement to November 19, 2026. Other provisions of the agreement remain unchanged.
A copy of the Credit Agreement is filed as Exhibit 10.1 hereto and is hereby incorporated by reference. The above summary of the Credit Agreement is qualified in its entirety by reference to such document.
Item 2.03. — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information set forth under Item 1.01 is hereby incorporated by reference.
Item 9.01. — Financial Statements and Exhibits
10.1 | Second Amendment to Third Amended and Restated Credit Agreement Dated January 4, 2024. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| LTC PROPERTIES, INC. | |
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Dated: January 5, 2024 | By: | /s/ WENDY L. SIMPSON |
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| Wendy L. Simpson |
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| Chairman & CEO |