Business

Janus Living Closes on a New $600 Million Credit Facility to Enhance Liquidity and Support External Growth

DENVER, March 23, 2026--Janus Living, Inc. (NYSE: JAN) ("Janus Living"), a pure-play senior housing real estate investment trust (REIT), announced today that it has closed on a new $500 million unsecured revolving credit facility (the "Revolving Facility") and a $100 million unsecured delayed-draw term loan facility (the "Term Loan", and together with the Revolving Facility, the "Credit Facility").

articleJanus Living, Inc.March 23, 20261/company/janus-living-inc/news/janus-living-closes-on-a-new-dollar600-million-credit-facility-to-enhance-liquidity-and-support-external-growth
Janus Living Closes on a New $600 Million Credit Facility to Enhance Liquidity and Support External Growth

About this update from Janus Living, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/9ca679af37b0751228bce2c0d55ac4dd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cuoTIjH35hMQx05RxKU5EA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MA--/https://media.zenfs.com/en/business-wire.com/9ca679af37b0751228bce2c0d55ac4dd","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/rrg5hNoCN6LEgdIANXgdLw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0/https://media.zenfs.com/en/business-wire.com/9ca679af37b0751228bce2c0d55ac4dd","width":1024,"height":512}},"lazy":false},{"type":"text","content":"DENVER, March 23, 2026--(BUSINESS WIRE)--Janus Living, Inc. (NYSE: JAN) ("Janus Living"), a pure-play senior housing real estate investment trust (REIT), announced today that it has closed on a new $500 million unsecured revolving credit facility (the "Revolving Facility") and a $100 million unsecured delayed-draw term loan facility (the "Term Loan", and together with the Revolving Facility, the "Credit Facility").","length":458,"tagName":"p"},{"type":"text","content":"The Revolving Facility provides for borrowing up to $500 million and matures in March 2030, with two six-month extension options. The $100 million Term Loan includes a delayed-draw feature and matures in March 2031.","length":215,"tagName":"p"},{"type":"text","content":"Borrowings under the Revolving Facility and Term Loan bear interest at SOFR plus 105 and 110 basis points, respectively, based on Janus Living’s current leverage-based pricing grid. The Credit Facility was undrawn at closing.","length":225,"tagName":"p"},{"type":"text","content":"As of March 23, 2026, Janus Living had total liquidity of approximately $1.5 billion, including unrestricted cash and undrawn Credit Facility capacity. Janus Living expects to use its available liquidity to fund future growth and for general corporate purposes.","length":261,"tagName":"p"},{"type":"text","content":"The Credit Facility was arranged by BofA Securities, Inc. as Sole Bookrunner. BofA Securities, JPMorgan, and Wells Fargo Securities served as Joint Lead Arrangers.","length":163,"tagName":"p"},{"type":"text","content":"ABOUT JANUS LIVING","length":18,"tagName":"p...

More updates from Janus Living, Inc.

Credit FacilityRevolving Facilityreal estate investment trustrevolving credit facilityJanus Living, IncWells Fargo Securities