Also Closes Amendment to $428.5 Million Term Loan Facility (Form 8-K)

Also Closes Amendment to $428.5 Million Term Loan Facility

HUNT VALLEY, MARYLAND - September 30, 2025 - Omega Healthcare Investors, Inc. (NYSE: OHI) (the "Company" or "Omega") today announced that it has closed a new senior unsecured credit facility comprised of a (i) four-year $2.0 billion senior unsecured revolving credit facility ("Revolving Credit Facility") and (ii) a three-year $300.0 million senior unsecured delayed draw term loan facility (the "DDTL Credit Facility" with the Revolving Credit Facility, the "Credit Facility"). Omega also announced that it has amended its $428.5 million senior unsecured term loan facility ("Term Loan Agreement") to reduce the interest rate margins. The Credit Facility was supported by over 20 incumbent and new financial institutions and was substantially oversubscribed. The new credit facility and the term loan amendment were each effective September 30, 2025.

The Credit Facility replaced Omega's previous $1.45 billion senior unsecured revolving credit facility which was scheduled to expire, unless extended, on October 30, 2025. The Revolving Credit Facility is initially priced at Term SOFR plus 1.050% based on the Company's debt ratings, plus a facility fee based on the same ratings (currently 0.250%). The DDTL Credit Facility is initially priced at Term SOFR plus 1.200% based on the Company's debt ratings. Omega expects to use the Credit Facility for (a) refinancing existing indebtedness, (b) financing acquisitions, and (c) funding working capital, capital expenditures and other general corporate purposes. The Revolving Credit Facility matures in four years, on September 28, 2029, with two options by the Company to extend the maturity six additional months for each option. The DDTL Credit Facility matures in three years, on September 29, 2028, with two options by the Company to extend the maturity twelve additional months for each option. The Credit Facility includes an "accordion feature" that permits the Company to expand its borrowing capacity to an aggregate of not more than $3.0 billion.

The amendment to the Term Loan Agreement, among other things, amended pricing to match the pricing for the DDTL Credit Facility (a reduction of 35 basis points) and removed the 0.100% pricing step-up in each of the extension periods.

The Credit Facility is made up of a syndication of financial institutions. BofA Securities, Inc. is a Joint Lead Arranger and Joint Bookrunner. Bank of America, N.A. is the Administrative Agent and L/C Issuer. JPMorgan Chase Bank, N.A. and Wells Fargo Bank, N.A., are Joint Lead Arrangers, Joint Bookrunners and Co-Syndication Agents. Citizens Bank, National Association and Credit Agricole Corporate and Investment Bank are Joint Lead Arrangers and Co-Syndication Agents. BMO Bank N.A., BNP Paribas, The Huntington National Bank, KeyBank National Association, M&T Bank, Mizuho Bank Ltd., Morgan Stanley Bank, N.A., MUFG Bank LTD., Regions Bank, Royal Bank of Canada, The Bank of Nova Scotia, SMBC, and Truist Bank are Co-Documentation Agents. Raymond James Bank is a Managing Agent. Stifel Bank & Trust, Synovus Bank and Land Bank of Taiwan also participate in the Credit Facility.

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Omega is a real estate investment trust ("REIT") that invests in the long-term healthcare industry, primarily in skilled nursing ("SNFs") and assisted living facilities ("ALFs"). Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the United States, as well as in the United Kingdom. More information on Omega is available at www.omegahealthcare.com.