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Published on 12/1/2004 in the Prospect News Convertibles Daily.

Health Care REIT files $1.08 billion shelf

By Ted A. Knutson

Washington, Dec. 1 - Health Care REIT, Inc. registered a $1.08 billion shelf Wednesday with the Securities and Exchange Commission.

Included within the registration are debt securities, common stock, preferred stock, depositary shares, warrants and units.

The registration allows for convertibles.

The Toledo, Ohio-based owner of assisted living, specialty care, and skilled nursing facilities said proceeds from offerings permitted by the shelf would be used for general corporate purposes, which may entail acquisition of properties and debt repayment.

The shelf was made official in an S-3 filing.


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