Senior Housing Properties Trust Announces Proposed Public Offering of 4,500,000 Common Shares
September 09 2009 - 4:01PM
Business Wire
Senior Housing Properties Trust (NYSE: SNH) today announced that
it commenced a public offering of 4,500,000 common shares. SNH
expects to use the proceeds of this offering for general business
purposes, including funding in part pending acquisitions or
possible future acquisitions of properties. It is contemplated that
the underwriters will also be granted a 30-day option to purchase
up to an additional 675,000 common shares to cover overallotments,
if any.
BofA Merrill Lynch, UBS Investment Bank and Wells Fargo
Securities are the joint book-running managers for this
offering.
This press release is not an offer to sell nor a solicitation of
an offer to buy shares, nor shall there be any sale of these
securities in any state or jurisdiction in which the offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. The preliminary prospectus supplement relating to
this offering and related prospectus are expected to be filed with
the SEC and copies can be obtained by contacting the offices of
BofA Merrill Lynch, Attn: Prospectus Department, 4 World Financial
Center, New York, NY 10080; UBS Investment Bank, Attn: Prospectus
Department, 299 Park Avenue, New York, NY 10171 (telephone:
888-827-7275); and Wells Fargo Securities, LLC, Attn: Equity
Syndicate Department, 375 Park Avenue, New York, N.Y., 10152
(e-mail: equity.syndicate@wachovia.com or telephone:
800-326-5897).
WARNING REGARDING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND THE FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS
ARE BASED UPON SNH’S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE, ALTHOUGH THIS PRESS
RELEASE REFERS TO AN OFFERING OF 4,500,000 COMMON SHARES, MORE OR
LESS THAN 4,500,000 COMMON SHARES MAY BE SOLD OR THIS OFFERING MAY
BE WITHDRAWN. INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON ANY
FORWARD LOOKING STATEMENTS.
A Maryland Real Estate Investment
Trust with transferable shares of beneficial interest listed on the
New York Stock Exchange.
No shareholder, Trustee or officer is
personally liable for any act or obligation of the Trust.
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