DIVERSICARE HEALTHCARE SERVICES, INC. (NASDAQ:DVCR) Files An 8-K Entry into a Material Definitive Agreement

On December 29, 2016 (the “Effective Date”), Diversicare Healthcare Services, Inc. and subsidiaries (the “Company”) executed a Third Amendment>(the “Amendment”) to the Third Amended and Restated Revolving Loan And Security Agreement dated as of February 26, 2016 (the “Loan Agreement”) with a syndicate of financial institutions and banks, including The PrivateBank and Trust Company, the administering agent. The Amendment modifies the terms of the Loan Agreement by increasing the Company’s letter of credit sublimit from $10 million to $15 million.