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Sabra sells stake in Texas hospital

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Sabra sells stake in Texas hospital

Sabra Health CareREIT Inc. completed the sale of its stake in the Forest Park Medical Center – Frisco in Texasto HCA Holdings unit Columbia Medical Center of Plano Subsidiary LP.

The company said April 4 that it plans to use proceeds from thesale and repayment of its debtor-in-possession loan investment to repay borrowingsunder its revolving credit facility.