Senior Housing Properties Trust Announces Proposed Public Offering of 8,000,000 Common Shares
July 09 2012 - 4:05PM
Business Wire
Senior Housing Properties Trust (NYSE: SNH) today announced it
commenced a public offering of 8,000,000 common shares. SNH expects
to use the proceeds of this offering to repay amounts outstanding
under its revolving credit facility. It is contemplated that the
underwriters will also be granted a 30-day option to purchase up to
an additional 1,200,000 common shares.
The joint bookrunning managers for this offering are Jefferies
& Company, Inc., Citigroup and UBS Investment Bank.
This press release is neither 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 Securities and Exchange Commission (SEC) and copies can be
obtained by contacting the offices of: Jefferies & Company,
Inc., 520 Madison Avenue, 12th floor, New York, NY 10022,
telephone: (877) 547-6340, Citigroup, Prospectus Department,
Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, NY
11220, telephone: (800) 831-9146 or UBS Investment Bank, Attn:
Prospectus Dept., 299 Park Avenue, New York, NY 10171, telephone:
(888) 827-7275.
WARNING CONCERNING FORWARD LOOKING
STATEMENTS
THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER 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 8,000,000 COMMON SHARES, GREATER
OR FEWER THAN 8,000,000 COMMON SHARES MAY BE SOLD OR THIS OFFERING
MAY BE WITHDRAWN. INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON
ANY FORWARD LOOKING STATEMENT.
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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