PACS Group Secures Forbearance Extension on Credit Agreement Through November 30
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.
PACS Group Inc. has announced an extension of its forbearance agreement related to its existing credit arrangement with Truist Bank, acting as administrative agent, and other lenders. The agreement, originally set to expire on October 31, 2025, has been extended by the administrative agent through November 30, 2025. This amendment temporarily prevents the lenders from exercising their rights and remedies under the credit agreement during the forbearance period. Additionally, landlords under the company’s Omega Master Lease have also agreed to forbear from enforcing their rights through November 30, 2025. The company is concurrently working to meet its SEC filing obligations to regain compliance with New York Stock Exchange reporting requirements. 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. PACS Group 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: 0002001184-25-000051), on November 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
