Omega Healthcare Discloses Chapter 11 Bankruptcy for Operator Genesis Healthcare

Dow Jones

Jul 10, 2025

By Denny Jacob

Omega Healthcare Investors said its operator, Genesis Healthcare, filed for Chapter 11 bankruptcy protection.

The real estate investment trust focused on the long-term healthcare industry said the filing, issued in the Northern District of Texas - Dallas division, is a necessary and important step "in creating an entity that is operationally solvent and sustainable, with enhanced liquidity and a strengthened balance sheet."

Omega said it's committing $8 million to fund the roughly 27% of the expected debtor-in-possession financing to support sufficient liquidity and effectively operate its facilities during bankruptcy.

Omega noted that Genesis paid its contractual rent in July. It also said it believes the current cash flow generated by its Genesis portfolio is sustainable and will support its contractual rent.

During the period of bankruptcy protection as part of its debtor-in-posession loan commitment, Genesis is required to pay Omega its monthly contractual rent, said the REIT. Omega added that the proposed DIP budget, which provides for Genesis rent, anticipates confirmation of the plan or sale of assets by the end of 2025 or early 2026, but it noted that this and all other aspects of the bankruptcy filing process remain subject to bankruptcy court approval and other elements associated with Chapter 11 proceedings.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

July 10, 2025 09:49 ET (13:49 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550250616"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550250616\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550250616?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-10 21:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550250616","market":"sg","top_or_hot":-1,"title":"Omega Healthcare Discloses Chapter 11 Bankruptcy for Operator Genesis Healthcare","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/OHI\">Omega Healthcare Investors</a> said its operator, <a href=\"https://laohu8.com/S/GENN\">Genesis Healthcare</a>, filed for Chapter 11 bankruptcy protection. \n</p>\n<p>\n  The real estate investment trust focused on the long-term healthcare industry said the filing, issued in the <a href=\"https://laohu8.com/S/NTIC\">Northern</a> District of <a href=\"https://laohu8.com/S/TCBIL\">Texas</a> - Dallas division, is a necessary and important step \"in creating an entity that is operationally solvent and sustainable, with enhanced liquidity and a strengthened balance sheet.\" \n</p>\n<p>\n  Omega said it's committing $8 million to fund the roughly 27% of the expected debtor-in-possession financing to support sufficient liquidity and effectively operate its facilities during bankruptcy. \n</p>\n<p>\n  Omega noted that Genesis paid its contractual rent in July. It also said it believes the current cash flow generated by its Genesis portfolio is sustainable and will support its contractual rent. \n</p>\n<p>\n  During the period of bankruptcy protection as part of its debtor-in-posession loan commitment, Genesis is required to pay Omega its monthly contractual rent, said the REIT. Omega added that the proposed DIP budget, which provides for Genesis rent, anticipates confirmation of the plan or sale of assets by the end of 2025 or early 2026, but it noted that this and all other aspects of the bankruptcy filing process remain subject to bankruptcy court approval and other elements associated with Chapter 11 proceedings. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 09:49 ET (13:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Omega Healthcare Discloses Chapter 11 Bankruptcy for Operator Genesis Healthcare</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOmega Healthcare Discloses Chapter 11 Bankruptcy for Operator Genesis Healthcare\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-10 21:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/OHI\">Omega Healthcare Investors</a> said its operator, <a href=\"https://laohu8.com/S/GENN\">Genesis Healthcare</a>, filed for Chapter 11 bankruptcy protection. \n</p>\n<p>\n  The real estate investment trust focused on the long-term healthcare industry said the filing, issued in the <a href=\"https://laohu8.com/S/NTIC\">Northern</a> District of <a href=\"https://laohu8.com/S/TCBIL\">Texas</a> - Dallas division, is a necessary and important step \"in creating an entity that is operationally solvent and sustainable, with enhanced liquidity and a strengthened balance sheet.\" \n</p>\n<p>\n  Omega said it's committing $8 million to fund the roughly 27% of the expected debtor-in-possession financing to support sufficient liquidity and effectively operate its facilities during bankruptcy. \n</p>\n<p>\n  Omega noted that Genesis paid its contractual rent in July. It also said it believes the current cash flow generated by its Genesis portfolio is sustainable and will support its contractual rent. \n</p>\n<p>\n  During the period of bankruptcy protection as part of its debtor-in-posession loan commitment, Genesis is required to pay Omega its monthly contractual rent, said the REIT. Omega added that the proposed DIP budget, which provides for Genesis rent, anticipates confirmation of the plan or sale of assets by the end of 2025 or early 2026, but it noted that this and all other aspects of the bankruptcy filing process remain subject to bankruptcy court approval and other elements associated with Chapter 11 proceedings. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 09:49 ET (13:49 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550250616","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550250616","pubTimestamp":1752155340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Omega Healthcare Investors said its operator, Genesis Healthcare, filed for Chapter 11 bankruptcy protection.The real estate investment trust focused on the long-term healthcare industry said the filing, issued in the Northern District of Texas - Dallas division, is a necessary and important step \"in creating an entity that is operationally solvent and sustainable, with enhanced liquidity and a strengthened balance sheet.\". Omega said it's committing $8 million to fund the roughly 27% of the expected debtor-in-possession financing to support sufficient liquidity and effectively operate its facilities during bankruptcy.Omega noted that Genesis paid its contractual rent in July. It also said it believes the current cash flow generated by its Genesis portfolio is sustainable and will support its contractual rent.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","BK4185":"保健护理机构","BK4137":"综合支持服务","BK4588":"碎股","GENNQ":"Genesis Healthcare, Inc.","HCSG":"Healthcare Svcs Group Inc","BK4585":"ETF&股票定投概念","GENN":"Genesis Healthcare, Inc.","BK4203":"医疗保健房地产投资信托","OHI":"Omega Healthcare Investors","BK4225":"医疗保健房地产信托"},"translate_title":"Omega Healthcare披露运营商Genesis Healthcare根据美国破产法第11章破产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":0.9,"GENN":0.9,"HCSG":1,"OHI":0.9,"GENNQ":0.9},"content_text":"By Denny Jacob \n\n\n \n\n\nOmega Healthcare Investors said its operator, Genesis Healthcare, filed for Chapter 11 bankruptcy protection. \n\n\n  The real estate investment trust focused on the long-term healthcare industry said the filing, issued in the Northern District of Texas - Dallas division, is a necessary and important step \"in creating an entity that is operationally solvent and sustainable, with enhanced liquidity and a strengthened balance sheet.\" \n\n\n  Omega said it's committing $8 million to fund the roughly 27% of the expected debtor-in-possession financing to support sufficient liquidity and effectively operate its facilities during bankruptcy. \n\n\n  Omega noted that Genesis paid its contractual rent in July. It also said it believes the current cash flow generated by its Genesis portfolio is sustainable and will support its contractual rent. \n\n\n  During the period of bankruptcy protection as part of its debtor-in-posession loan commitment, Genesis is required to pay Omega its monthly contractual rent, said the REIT. Omega added that the proposed DIP budget, which provides for Genesis rent, anticipates confirmation of the plan or sale of assets by the end of 2025 or early 2026, but it noted that this and all other aspects of the bankruptcy filing process remain subject to bankruptcy court approval and other elements associated with Chapter 11 proceedings. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 10, 2025 09:49 ET (13:49 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}