Omega (OHI) Provides an Update on the LaVie Restructuring
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Omega Provides an Update on the LaVie Restructuring
June 3, 2024 8:00 AM EDTHUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (the Company or Omega) (NYSE: OHI) today issued the following statement in response to LaVie Care Centers (LaVie) announcement that it had filed for Chapter 11 bankruptcy protection in the Northern District of Georgia.
Omega believes this filing is a necessary and important step in creating an entity that is operationally solvent and sustainable, with enhanced liquidity and a strengthened balance sheet.
During this filing, our focus, like LaVies, is on maintaining quality of care for the residents of these facilities, on supporting the... More
