Sunrise Senior Living Enters Into a Commitment Letter for a New Senior Revolving Line of Credit

Sunrise Senior Living, Inc. SRZ announced today that it has entered into a commitment letter with KeyBank National Association for a $50 million senior revolving line of credit. The Credit Facility will include a $20 million sublimit to support standby letters of credit and is expandable to $65 million if certain conditions are met. The Credit Facility will mature 3 years from closing and includes a one-time right to extend for one year.