Welltower enters $6.25 billion amended credit agreement replacing prior facilities
Welltower OP LLC, a subsidiary of Welltower Inc., entered into an Amended and Restated Credit Agreement dated March 6, 2026, with a group of 32 banks led by KeyBank National Association as administrative agent. The new agreement replaces the company's existing $5 billion unsecured revolving credit facilities, $1 billion unsecured term loan and CAD 250 million unsecured term loan under the prior agreement, and provides a $6.25 billion unsecured revolving facility.
Key points
- New $6.25 billion unsecured revolving facility, split into a $4.25 billion A tranche maturing March 6, 2030 and a $2 billion B tranche maturing July 24, 2029
- The company can request up to an additional $1.25 billion through higher revolver amounts or new term loans, subject to lender approval
- Pricing and quarterly facility fees depend on the company's debt ratings and certain sustainability metrics
- Exhibit 10.1 contains the full agreement, filed with the 8-K
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 10, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.