Senior Housing to redeem all $27.4 million 10 1/8% trust preferreds

By Jennifer Chiou

New York, June 1 - Senior Housing Properties Trust said its subsidiary SNH Capital Trust I will redeem all $27.4 million of its 10 1/8% trust preferred securities.

The company will pay a redemption price of $25.00 per trust preferred plus accrued interest on June 15, the expected redemption date.

The Newton, Mass.-based real estate investment trust is focused on senior living properties.

U.S. Bank NA is the redemption agent (617 603-6605).

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