Health Care REIT, Toledo, Ohio, has priced the sale of $100 million of senior unsecured notes due Sept. 12, 2012, at an effective yield of 7.40%.The notes are an add-on to $150 million of senior unsecured notes issued in September 2002, the real estate investment trust said. The net proceeds will be used to repay a portion of the company's borrowings under its revolving lines of credit and to invest in additional health care properties. The joint lead managers for the offering were Deutsche Bank Securities Inc. and UBS Warburg LLC. The REIT can be found online at http://www.hcreit.com.
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