Health Care REIT Inc., Toledo, Ohio, has priced a public offering of three million shares of common stock at $36 per share, yielding gross proceeds of $108 million.The joint book-running managers for the offering are Deutsche Bank Securities and UBS Investment Bank. The real estate investment trust said it has granted the underwriters an option to buy up to 450,000 additional shares to cover any overallotments. The company can be found online at http://www.hcreit.com.
Health Care REIT Prices Stock Offering
April 07, 2006, 2:00 p.m. EDT 1 Min Read
