Senior Housing Properties Trust Prices $500 Million of 4.750% Senior Notes Due 2028
SENIOR HOUSING PROPERTIES (SNH)
Last senior housing properties earnings: 11/7 07:00 am
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US:NYSE Investor Relations:
snhreit.com/investors/default.aspx
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Source: Business Wire
NEWTON, Mass.--(BUSINESS WIRE)-- Senior Housing Properties Trust (Nasdaq: SNH) today announced that it has priced an underwritten public offering of $500 million of 4.750% Senior Notes due 2028. The settlement of this offering is expected to occur on February 12, 2018, subject to customary closing conditions. SNH expects to use the net proceeds from this offering to reduce amounts outstanding under its unsecured revolving credit facility. The joint book-running managers for this offering were BBVA Securities Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC, UBS Securities LLC and Wells Fargo Securities, LLC. The joint lead managers for this offering were Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, PNC Capital Markets LLC, Regions Securities LLC, SMBC Nikko Securities America, Inc. and U.S. Bancorp Investments, Inc. The co-manage
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