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Published on 9/24/2009 in the Prospect News Investment Grade Daily.

Health Care REIT accepts tenders for $161.42 million of 8% notes

By Jennifer Chiou

New York, Sept. 24 - Health Care REIT Inc. announced that it accepted tenders from holders of $161,424,000 of its 8% senior notes due 2012.

The offer for any and all of the $238,277,000 of notes ended at 5 p.m. ET on Sept. 23. It began on Sept. 16.

For each $1,000 principal amount, Health Care REIT paid $1,120 plus accrued interest. Settlement was slated for Thursday.

Bank of America Merrill Lynch (888 292-0070 or call collect 980 388-4603) was the lead dealer manager, and UBS Securities LLC was the co-dealer manager. Global Bondholder Services Corp. (866 873-6300 or call collect 212 430-3774) was the information agent.

Health Care REIT is a Toledo, Ohio-based self-administered, equity real estate investment trust.


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