09/24/2009
TOLEDO, Ohio--(BUSINESS WIRE)--Sep. 24, 2009-- Health Care REIT, Inc. (NYSE:HCN) announced today the expiration of its tender offer (the “Offer”) to purchase for cash any and all of its outstanding 8.00% Senior Notes due 2012 (the “Notes”). The Offer expired at 5:00 p.m. Eastern Time on September 23, 2009 (the “Expiration Date”).
As of the Expiration Date, $161,424,000 aggregate principal amount of outstanding Notes had been validly tendered and accepted. The settlement date for the Offer is expected to be September 24, 2009.
BofA Merrill Lynch acted as the Lead Dealer Manager and UBS Securities LLC acted as the Co-Dealer Manager for the Offer and Global Bondholder Services Corporation acted as the Information Agent and Depositary for the Offer.
This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell with respect to any securities. The solicitation of offers to buy the Notes was made only pursuant to the terms of the Offer to Purchase and the related Letter of Transmittal. The Offer was not made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
About Health Care REIT. Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of senior housing and health care real estate. The company also provides an extensive array of property management and development services. As of June 30, 2009, the company’s broadly diversified portfolio consisted of 620 properties in 39 states. More information is available on the company’s website at www.hcreit.com.
Source: Health Care REIT, Inc.
Health Care REIT, Inc.
Scott Estes, 419-247-2800
Mike Crabtree, 419-247-2800