| | | | |
| | | | Exhibit 5.2 |
| | [O’Melveny & Myers LLP Letterhead] | | |
| | |
O’Melveny & Myers LLP 610 Newport Center Drive 17th Floor Newport Beach, CA 92660-6429 | | T: +1 949 823 6900 F: +1 949 823 6994 omm.com |
September 30, 2021
Sabra Health Care Limited Partnership
18500 Von Karman Avenue, Suite 550
Irvine, California 92612
Re: | Registration of 3.200% Senior Notes due 2031 of |
Sabra Health Care Limited Partnership
Ladies and Gentlemen:
We have acted as counsel to Sabra Health Care Limited Partnership, a Delaware limited partnership (the “Issuer”), a wholly owned subsidiary of Sabra Health Care REIT, Inc., a Maryland corporation (“Sabra”), in connection with the issuance and sale of $800,000,000 aggregate principal amount of the Issuer’s 3.200% Senior Notes due 2031 (the “Notes”), which have been registered under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to a registration statement on Form S-3 (File No. 333-235449), filed with the Securities and Exchange Commission (the “Commission”) on December 11, 2019 (the “Registration Statement”), which became effective upon filing with the Commission, with the Notes to be guaranteed (the “Guaranties”) by Sabra.
In our capacity as counsel to the Issuer, we have examined originals or copies of (i) the Registration Statement, (ii) an indenture, dated as of September 30, 2021, among the Issuer, Sabra, and Wells Fargo Bank, National Association, as trustee (the “Trustee”), as supplemented by the First Supplemental Indenture relating to the Notes, dated as of September 30, 2021, among the Issuer, Sabra and the Trustee (as so supplemented, the “Indenture”), (iii) the underwriting agreement, dated September 21, 2021, as amended by Amendment No. 1, dated September 30, 2021 (as amended, the “Underwriting Agreement”), by and among the Issuer, Sabra, and Wells Fargo Securities, LLC, BofA Securities, Inc., Credit Agricole Securities (USA) Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein, and (iv) such other corporate and other records and documents we considered appropriate. We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals and the conformity with the originals of all documents submitted to us as copies.
On the basis of such examination, our reliance upon the assumptions in this opinion and our consideration of those questions of law we considered relevant, and subject to the limitations and qualifications in this opinion, we are of the opinion that:
| 1. | The Notes have been duly authorized by all necessary limited partnership action on the part of the Issuer. |