<a href="https://laohu8.com/S/PACS">PACS Group</a> Secures Forbearance Extension on Credit Agreement Through November 30
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.
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