Health Care REIT, Toledo, Ohio, has announced a cash tender offer for any and all of its $100 million outstanding principal amount of 7.625% senior notes due March 2008.The total payment for the notes will be based on a 75-basis-point fixed spread over the 3.375% U.S. Treasury note due Feb. 15, 2008, plus accrued and unpaid interest, the real estate investment trust said. The offer is scheduled to expire at 5 p.m. Eastern time on May 4. Deutsche Bank Securities Inc. has been retained as the sole dealer/manager in connection with the tender offer. The REIT can be found online at http://www.hcreit.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry