Health Care REIT Prices $250M in Notes

Health Care Property Investors Inc., a real estate investment trust based in Long Beach, Calif., has announced the pricing of $250 million of 5 5/8% senior unsecured notes at 99.585.The effective yield will be 5.673%, the REIT said. The sole book-running manager was UBS Investment Bank, and the co-managers were Banc of America Securities LLC, Barclays Capital, and J.P. Morgan. The company can be found on the Web at http://www.hcpi.com.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS