Health Care Property Investors, a Long Beach, Calif.-based real estate investment trust, has priced the sale of $500 million of 6.00% senior unsecured notes due 2017 at 99.323.The net proceeds will be used to repay the remaining debt under a term loan and partially pay down the company's borrowings under its revolving credit facilities, the REIT said. The joint book-running managers for the offering were UBS Investment Bank, Citigroup Corporate and Investment Banking, and Wachovia Securities. The REIT can be found on the Web at http://www.hcpi.com.
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