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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item
Published on 3/10/2010 in the Prospect News Convertibles Daily.

Health Care REIT plans to purchase two 4.75% convertibles series

By Jennifer Chiou

New York, March 10 - Health Care REIT Inc. announced that it intends to make an offer to repurchase a portion of its 4.75% convertible senior notes due 2026 and 2027.

The company plans to use proceeds from an offering of $342,493,000 of 3% convertible senior notes due 2029.

Closing is expected on March 15.

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


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