Sabra

• The warning seemed to be aimed directly at voices within the Israeli government who are calling for Israel to not only destroy Hamas, but also to occupy the Palestinian territory.
• But, if history is anything to go by, then occupation – as a strategy to destroy Hamas – seems doomed to fail.

The realities of occupation

• Indeed, the recent Hamas attacks serve as a painful reminder of the costs of occupation.
• Military occupation is unlikely to kill the violent Hamas ideology.
• So any sustained military occupation of Gaza is likely to garner more support for Hamas, rather than eradicate it.
• Moreover, an occupation brings with it the responsibility of administering the daily lives of 2.3 million Palestinians.

Lessons from 1982

• Israeli leaders should also learn the lessons of the last time the country tried to eradicate a terrorist group and impose regime change.
• In 1982, the Israeli military invaded Southern Lebanon to remove the threat of the Palestine Liberation Organisation (PLO) to its northern towns.
• None of Israel’s options to achieve its aim of destroying Hamas’s military capabilities are easy.

• Sabra Health Care REIT, Inc. (“Sabra,” or “we”) (Nasdaq: SBRA) today released its third annual Sustainability Report.
• Launched an initial $5M Green Links Fund designed to provide our NNN tenants access to capital to fund energy and water efficiency initiatives.
• Sabra remains committed to furthering our ESG efforts to promote safer and healthier environments for our teammates and residents and to improve outcomes and patient experience.
• Sabra’s 2022 Sustainability Report is available on the company’s website.

• Thilo Wrede is joining as Chief Financial Officer (CFO) beginning on or about March 15, 2023.
• “Thilo brings a disciplined leadership approach and a proven ability to create long-term value that will help us continue delivering for all of our stakeholders,” said Russell Diez-Canseco, President and CEO at Vital Farms.
• I'm looking forward to this next chapter, and I wish Thilo the best as he steps into his new role.”
  Mr. Wrede was most recently Global Chief Financial Officer at Sabra Dipping Company, LLC.
• Mr. Wrede commented, “Vital Farms pursues a holistic approach to capitalism that ensures every part of the value chain gets treated fairly.

• Sabra Health Care REIT, Inc. (“Sabra”) (Nasdaq: SBRA) announced today that it has amended and restated its credit facility, improving its debt maturity profile while keeping capacity and pricing consistent with its prior credit facility.
• $1.0 billion unsecured revolving credit facility maturing in January 2027, with two additional six-month extension options
  Pricing is consistent with the prior credit facility and will be based on adjusted SOFR/CDOR plus a spread of 77.5-145 bps for the revolver, and 85-165 bps for the term loans.
• Additionally, an accordion feature affords Sabra the optionality to seek an increase in the capacity of the credit facility to $2.75 billion, subject to customary terms and conditions.
• “We are pleased to renew our credit facility, which improves our debt maturity profile by pushing our nearest material maturity to August 2026, while holding pricing in line with our prior credit facility.