Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

The Associated Press September 7, 2010, 5:49PM ET

Health Care REIT prices $450M notes offering

Health Care REIT Inc. said Tuesday that it priced a public offering of $450 million in 4.7 percent notes due Sept. 15, 2017.

The real estate investment trust priced the notes at 99.71 percent of their face amount to yield 4.749 percent.

The offering is expected to close Sept. 10.

The company said it intends to use the net proceeds from the offering to pay for corporate expenses, including investing in health care and senior housing properties and repaying debt.

Barclays Capital Inc., J.P. Morgan Securities LLC and UBS Securities LLC are the joint book-running managers for the offering.

Shares in Health Care REIT fell 64 cents to $47.11 on Tuesday.


BW Mall - Sponsored Links

Buy a link now!