DOC · 8-K · 20261102PR068878

Liquidity and Debt Position

HEALTHPEAK PROPERTIES, INC. · 2026-11-02 · Importance 46 · Surprise 42

Net Debt to Adjusted EBITDAre was 4.7x for the quarter ended September 30, 2026. Healthpeak entered into a new $500 million unsecured delayed-draw term loan facility in October, maturing in October 2030 and bearing interest at SOFR plus 80 basis points based on current credit ratings; it was undrawn at closing. As of October 30, Healthpeak had $3.8 billion of liquidity, including cash, revolving-credit availability, and undrawn term-loan commitments. At September 30, bank line of credit and commercial paper totaled $1.490 billion, term loans were $1.647 billion, and senior unsecured notes were $6.142 billion.

Key facts

• Healthpeak entered into a new $500 million unsecured delayed-draw term loan facility. source
• Healthpeak's $500 million unsecured delayed-draw term loan facility entered into in October 2026 matures in October 2030 and bears interest at SOFR plus 80 basis points based on current credit ratings. source
• As of October 30, 2026, Healthpeak had $3.8 billion of liquidity, including cash, revolving credit facility availability, and undrawn term loan commitments. source
• Healthpeak's $500 million unsecured delayed-draw term loan facility was undrawn at closing. source
• Healthpeak's Net Debt to Adjusted EBITDAre was 4.7x for the quarter ended September 30, 2026. source