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BRIEF-LTC Properties says co ‍learned that one of its lessees filed for Chapter 11 bankruptcy
November 15, 2017 / 11:27 AM / a month ago

BRIEF-LTC Properties says co ‍learned that one of its lessees filed for Chapter 11 bankruptcy

Nov 15 (Reuters) - Ltc Properties Inc:

* Says ‍on Nov 14 co learned that one of its lessees, Preferred Care & affiliated entities filed for Chapter 11 bankruptcy - SEC filing

* Does not believe Preferred Care’s bankruptcy will have a material impact on company’s future financial results​

* Preferred Care & entities filed for bankruptcy resulting from a legal judgement in lawsuit against preferred & affiliated entities​

* Affiliated entities operate properties in Kentucky and New Mexico​ Source text : (bit.ly/2hBdsxi) Further company coverage:

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