UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | July 30, 2021 4:00 P.M. |
Form: | S-3 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | July 30, 2021 4:00 P.M. |
Form: | S-3 | ||||||
|
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AlerisLife (NASDAQ:ALR), formerly known as Five Star Senior Living, today announced that it has closed a $95 million senior secured term loan with Midcap Funding VIII Trust ("MidCap"), as administrative agent and lender, of which $63 million is currently outstanding. The remaining loan proceeds are subject to a $12 million capital improvements holdback and $20 million becomes available upon achieving certain financial thresholds by mid-2023. The maturity date of the new loan is January 27, 2025 and includes two, one year extensions at AlerisLife's option, to extend the maturity date through January 27, 2026 and January 27, 2027, as applicable, subject to the achievement of certain financial
AlerisLife (NASDAQ:ALR) announced today that President and Chief Executive Officer Katherine Potter is scheduled to participate on a healthcare operator panel at The Stifel 2022 Seniors Housing and Healthcare Real Estate Conference held virtually on Thursday, January 27, 2022. Ms. Potter will participate on a panel session titled, "Winning Strategies in the Post-COVID World" scheduled for Thursday, January 27th at 2:00 PM ET. Those interested in attending can join the session here. About AlerisLife Inc. (NASDAQ:ALR) AlerisLife enriches and inspires the lives of its older adult customers across the United States by delivering an exceptional and enhanced resident experience to senior living
New Brand Reflects Expansions in "Choice Based" Lifestyle Services to Augment Continued Delivery of Exceptional Residential Experience Common Shares Will be Listed on the Nasdaq Under the New Ticker "ALR" Beginning on January 27th Strengthens Management Team with Appointment of Lauren C. Cody as Chief Customer Officer and Michael S. Lopez as Chief People Officer Five Star Senior Living Inc. (NASDAQ:FVE) today announced its rebranding as "AlerisLife Inc.," effective immediately. The Company's common shares will trade on the Nasdaq stock market under the new ticker symbol "ALR" beginning as of the opening of trading on the Nasdaq on January 27, 2022. The Company's new website, alerislife.c