Universal Health Realty Income Trust Enters First Amendment to Second Amended and Restated Credit Agreement

Key Points for Investors

• Universal Health Realty Income Trust (UHT) has executed the First Amendment to its Second Amended and Restated Credit Agreement.
• This amendment involves the company, a syndicate of lenders, and Wells Fargo Bank, National Association, as the administrative agent.
• The agreement is effective as of April 21, 2026.
• This is a material definitive agreement, which means it may have a significant impact on the company’s financial obligations, liquidity, and future operations.

Details of the Amendment

The First Amendment modifies key terms and conditions of the existing Credit Agreement, which was originally entered into on September 30, 2024. The lenders include major financial institutions such as Wells Fargo Bank, JPMorgan Chase Bank, N.A., BofA Securities, Inc., and Fifth Third Bank, among others.

• The amendment affects the revolving credit facility, term loans, and the general framework for the company’s borrowing and financial arrangements.
• It clarifies and updates terms relating to the obligation of UHT and its subsidiaries, including provisions related to prepayments, default rates, computation of interest and fees, cash collateral, replacement of lenders, and more.
• Conditions to effectiveness of the amendment include payment of all applicable fees and expenses, compliance with applicable laws, and confirmation that there are no bankruptcy or insolvency proceedings pending or threatened against UHT or its subsidiaries.
• Officer’s certificates and notices of borrowing as required under the amended credit agreement have been provided.

Potential Impact for Shareholders

• This is a price sensitive event. Changes to UHT’s credit facility and financial obligations can directly affect the company’s liquidity, cost of capital, and financial flexibility.
• Improved or clarified lending terms can enhance UHT’s ability to execute its business plan, make acquisitions, or weather unexpected market conditions.
• Shareholders should note that the company has confirmed compliance with all applicable laws and has no pending bankruptcy or insolvency proceedings – this is a positive signal regarding the company’s financial health.
• Any increases or changes in the revolving facility or available term loans may lead to new investments, acquisitions, or other corporate actions that can impact future earnings and valuation.
• The amendment has been duly executed by appropriate officers of the company and its associated entities, ensuring legal standing and enforceability.

Signatories & Parties Involved

• The amendment is signed by Cheryl K. Ramagonon, Senior Vice President – Operations, Treasurer and Secretary, on behalf of UHT and its various associated entities and subsidiaries.
• Wells Fargo Bank, National Association acts as the administrative agent for the lender group.
• Other major financial institutions involved as lenders include JPMorgan Chase, BofA Securities, and Fifth Third Bank.

What Should Investors Watch?

• Investors should monitor future disclosures for details on any changes to the borrowing facilities (e.g., increases in borrowing limits, new covenants, or changes in interest rates).
• The company’s improved financial flexibility may result in new acquisitions, development projects, or other growth-oriented activities.
• Any changes to the company’s leverage or financial structure as a result of this amendment could impact future dividends or share repurchase activities.
• As this is a material definitive agreement, it is likely to be closely watched by rating agencies, analysts, and institutional investors for its impact on UHT’s credit profile and risk rating.

Disclaimer: This article is a summary and analysis based on the company’s SEC Form 8-K and related exhibits. Investors should review the full filing and consult their financial advisor before making investment decisions. This is not financial advice or a solicitation to buy or sell any securities.