Health Care REIT, a Toledo, Ohio-based real estate investment trust, has priced the sale of $400 million of convertible senior notes due September 2027.The net proceeds will be used to invest in additional health care properties, the REIT said. The joint book-running managers for the offering were UBS Investment Bank and Banc of America Securities LLC. The underwriters have been granted an option to buy up to $60 million in additional notes to cover any overallotments. The REIT can be found on the Web at http://www.hcreit.com.
Health Care REIT Prices Note Offering
July 18, 2007, 2:00 p.m. EDT 1 Min Read
