Community Healthcare Trust Inc 8-K, filed Mar 26, 2021
Community Healthcare Trust Inc (CHCT)
About this 8-K
Community Healthcare Trust Inc filed this 8-K on March 26, 2021, reporting on events of March 23, 2021.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event
reported):
(Exact Name of Registrant as Specified in its Charter)
|
(State or Other Jurisdiction of Incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
|
(Address of Principal Executive Offices) (Zip Code)
|
(
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each Class | Trading Symbol | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 8.01. | Other Information. |
On March 23, 2021, Community Healthcare Trust Incorporated (the “Company”) entered into interest rate swap agreements with six banks that fixed the interest rate on its new seven-year term loan facility with an aggregate principal amount of $125.0 million (the “A-4 Term Loan”), which is included in the Company’s Third Amended and Restated Credit Agreement. The interest rates under the swap agreements ranged from 3.256% to 3.49% per annum upon execution of the swaps, but the rates will vary depending on the Company’s Pricing Grid as set forth in the Third Amended and Restated Credit Agreement.
SIGNATURE
Pursuant to the requirements 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.
| Community Healthcare Trust Incorporated |
| Date: March 25, 2021 | By: | /s/ David H. Dupuy |
| Name: | David H. Dupuy | |
| Title: | Executive Vice President and Chief Financial Officer |