Paul Hastings Advises City National Bank as Lender in $2 Billion Senior Credit Facility
Los Angeles, CA -- Paul Hastings LLP
, a leading global law firm, announced today that the firm represented City National Bank in its role as a lender for Health Care REIT Inc., a leading investor in health care and senior living real estate. The $2 billion senior credit facility for Health Care REIT Inc. is with a consortium of 31 banks, including City National Bank.
The $2 billion unsecured revolving credit facility replaced the companys $1.1 billion unsecured facility and will expire in July 2015. KeyBank National Association is the administrative agent for the credit facility.
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