Senior Housing Properties Trust Announces Underwriters' Exercise of Option to Purchase Additional Shares
February 04 2015 - 5:34PM
Business Wire
Senior Housing Properties Trust (NYSE: SNH) today announced that
the underwriters of its public offering have exercised, in full,
their option to purchase an additional 4,050,000 common shares. The
sale of the additional common shares and the sale of the original
public offering of 27,000,000 common shares are expected to close
on Monday, February 9, 2015.
The joint bookrunning managers for this offering are Citigroup,
BofA Merrill Lynch and Morgan Stanley. The joint lead managers for
this offering are Jefferies and RBC Capital Markets. The
co-managers for this offering are Baird, BB&T Capital Markets,
D.A. Davidson & Co., Janney Montgomery Scott, JMP Securities,
MLV & Co. and Oppenheimer & Co.
This press release is neither an offer to sell nor a
solicitation of an offer to buy shares, nor shall there be any sale
of these securities in any state or jurisdiction in which the
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of such state or
jurisdiction. The prospectus supplement relating to this offering
and related prospectus are expected to be filed with the Securities
and Exchange Commission (SEC) and copies can be obtained by
contacting the offices of: Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone:
(800) 831-9146; BofA Merrill Lynch, Attn: Prospectus Department,
222 Broadway, New York, NY 10038, email:
dg.prospectus_requests@baml.com; or Morgan Stanley, Attn:
Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY
10014.
WARNING CONCERNING FORWARD LOOKING STATEMENTS
THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN
THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
AND OTHER SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE
BASED UPON SNH'S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE
FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE:
- THIS PRESS RELEASE STATES THAT THE
CLOSING OF THE SALE OF THE 4,050,000 ADDITIONAL COMMON SHARES AND
THE SALE OF THE ORIGINAL PUBLIC OFFERING OF 27,000,000 COMMON
SHARES ARE EXPECTED TO TAKE PLACE ON MONDAY, FEBRUARY 9, 2015. IN
FACT, THE CLOSINGS OF THESE SALES ARE SUBJECT TO VARIOUS CONDITIONS
AND CONTINGENCIES AS ARE CUSTOMARY IN UNDERWRITING AGREEMENTS IN
THE UNITED STATES. IF THESE CONDITIONS ARE NOT SATISFIED OR THE
SPECIFIED CONTINGENCIES DO NOT OCCUR, THESE SALES MAY NOT
CLOSE.
FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO
PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS.
A Maryland Real Estate Investment Trust with
transferable shares of beneficial interest listed on the New York
Stock Exchange.No shareholder, Trustee or officer is personally
liable for any act or obligation of the Trust.
Senior Housing Properties TrustKimberly M. Brown,
617-796-8234Director, Investor Relations
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