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Diversified Healthcare Trust Announces It May Not Continue as Going Concern Following $450MM Default of Credit Facility

July 10, 20232 Mins read642
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Diversified Healthcare Trust, Office Properties Income Trust, default merger acquisition
Photo by Kevin Grieve on Unsplash
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Appraised Value of Collateral Properties Declined by 22; Working with Lenders to Obtain Waiver Through September 30th; Merger with OPI is Best Alternative Available to DHC NEWTON, Mass. - Diversified Healthcare Trust (Nasdaq: DHC) announced in late June that a non-monetary event of default has occurred under its $450 million credit facility. The facility requires […]

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