---
title: "Sonida Senior Living enters USD 380 million senior secured term loan with Ally Bank"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295797829.md"
description: "Sonida Senior Living entered into a $380 million senior secured term loan with Ally Bank on August 7, 2026, amending and restating its existing facility. The initial advance is $372.5 million, secured by 28 communities, with an additional $7.5 million available subject to financial covenants. The five-year facility features interest-only payments, pricing at 1-month SOFR plus 1.85%, and includes two 12-month extension options."
datetime: "2026-08-13T12:25:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295797829.md)
  - [en](https://longbridge.com/en/news/295797829.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295797829.md)
---

# Sonida Senior Living enters USD 380 million senior secured term loan with Ally Bank

-   Sonida entered a $380 million senior secured term loan with Ally Bank on Aug. 7, 2026, amending and restating its existing Ally facility. \* Initial advance totals $372.5 million, secured by 28 communities, including assets added in the March 2026 CHP merger. \* An additional $7.5 million draw is available, subject to debt-yield and debt-service coverage ratio requirements. \* Facility carries a 5-year maturity, two 12-month extension options, interest-only payments, pricing at 1-month SOFR + 1.85%. \* Closing fee set at 0.75%, or $2.85 million; $122 million was outstanding under the prior Ally term loan at closing. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonida Senior Living Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-347968), on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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