Omega Healthcare expected to price $200 million 10-year notes March 1 week

By Paul A. Harris

St. Louis, Feb. 27 - Omega Healthcare Investors Inc. is expected to price a $200 million offering of 10-year senior notes during the week of March 1, according to an informed source.

Deutsche Bank Securities and UBS Investment Bank are running the books on the Rule 144A offering.

Proceeds will be used to redeem the company's 9¼% series A preferred stock and for general corporate purposes.

The company is a Timonium, Md.-based real estate investment trust that invests in the long-term care industry.

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