Senior Housing Properties Trust Announces Underwriters' Exercise of Option to Purchase Additional Shares
July 11 2012 - 8:00AM
Business Wire
Senior Housing Properties Trust (NYSE: SNH) today announced that
the underwriters of its public offering have exercised, in full,
their option to purchase an additional 1,800,000 common shares. The
sale of the additional common shares and the sale of the original
public offering of 12,000,000 common shares are expected to close
on Friday, July 13, 2012.
The joint book-running managers for this offering are Jefferies
& Company, Inc., Citigroup and UBS Investment Bank. The co-lead
managers for this offering are BofA Merrill Lynch, Morgan Stanley,
RBC Capital Markets and Wells Fargo Securities. The co-managers for
this offering are Janney Montgomery Scott LLC, JMP Securities and
Sandler O’Neill & Partners, L.P.
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 prospectus supplement relating to this offering
and related prospectus will 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 INCLUDES 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
FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE:
- THIS PRESS RELEASE STATES THAT THE SALE
OF THE 1,800,000 ADDITIONAL COMMON SHARES AND THE SALE OF THE
ORIGINAL PUBLIC OFFERING OF 12,000,000 COMMON SHARES ARE EXPECTED
TO CLOSE ON FRIDAY, JULY 13, 2012. IN FACT, THE CLOSINGS OF THESE
SALES ARE SUBJECT TO VARIOUS CONDITIONS CUSTOMARY IN TRANSACTIONS
OF THIS TYPE. IF THESE CONDITIONS ARE NOT SATISFIED, THESE SALES
MAY NOT CLOSE.
FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO
PLACE UNDUE RELIANCE UPON 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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