UHT · Universal Health Realty Income Trust

Universal Health Realty Income Trust amended its existing credit agreement dated September 30, 2024, to secure an additional $50 million in financing through a new incremental term loan. This facility aligns with the existing term loan's structure, bearing interest at the Trust's election of SOFR or Base Rate plus a leverage-based margin, and matures on September 30, 2028. The amendment also relaxes the tangible net worth covenant to $100 million and eliminates the 0.10% Term SOFR Adjustment, potentially lowering borrowing costs. A new subsidiary was added as a guarantor, expanding credit support. These changes provide the Trust with enhanced liquidity while maintaining key terms consistent with prior facilities, signaling continued access to debt capital under favorable conditions.