Omega Healthcare to start roadshow Monday for $200 million 10-year deal

By Paul A. Harris

St. Louis, March 2 - Omega Healthcare Investors Inc. will kick off a seven-day roadshow on Monday for a $200 million offering of 10-year senior notes, according to an informed source.

Deutsche Bank Securities and UBS Investment Bank will run the books on the Rule 144A offering.

Proceeds will be used to repay the company's senior secured credit facility due 2007, to redeem its 9¼% series A preferred stock and for general corporate purposes.

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

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