Healthpeak Properties, Inc. announced that it has closed a new $3.0 billion senior unsecured revolving credit facility. The new credit facility increases the total revolving commitments from $2.5 billion to $3.0 billion, reduces Healthpeak's borrowing costs, and extends the maturity date to January 20, 2026, which may be further extended pursuant to two six-month extension options, subject to certain conditions. Based on Healthpeak's current credit ratings, the credit facility bears interest at a rate per annum equal to LIBOR plus 77.5 basis points, which represents a five basis point improvement from pricing under the previous unsecured revolving credit facility, and carries a facility fee on the entire revolving commitment of 15 basis points per annum.