PACS Group Secures Forbearance Extension on Credit Agreement Through November 30
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PACS Group Inc. has secured an extension of its forbearance agreement with Truist Bank and other lenders until November 30, 2025. This extension prevents lenders from exercising their rights under the credit agreement during the forbearance period. Additionally, landlords under the Omega Master Lease have agreed to forbear from enforcing their rights through the same date. The company is also working to meet SEC filing obligations to regain compliance with NYSE reporting requirements.
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