NEWTON, Mass.--(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 2,025,000 common shares. The sale of
the additional common shares and the sale of the original public
offering of 13,500,000 common shares are expected to close on Wednesday,
April 23, 2014.
The joint bookrunning managers for this offering are Jefferies, BofA
Merrill Lynch, Citigroup, Morgan Stanley and RBC Capital Markets. The
co-managers are BB&T Capital Markets, 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: Jefferies, 520 Madison Avenue, 12th floor,
New York, NY 10022, telephone: (877) 547-6340; BofA Merrill Lynch, Attn:
Prospectus Department, 222 Broadway, New York, NY 10038, email:
dg.prospectus_requests@baml.com; Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800)
831-9146; Morgan Stanley, Attn: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, NY 10014; or RBC Capital
Markets, Attention: Prospectus Department, Three World Financial Center,
200 Vesey Street, 8th floor, New York, New York 10281-8098, telephone:
877-822-4089.
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
2,025,000 ADDITIONAL COMMON SHARES AND THE SALE OF THE ORIGINAL PUBLIC
OFFERING OF 13,500,000 COMMON SHARES ARE EXPECTED TO TAKE PLACE ON
WEDNESDAY, APRIL 23, 2014. 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 Trust
Kimberly M. Brown, 617-796-8234
Director,
Investor Relations
Source: Senior Housing Properties Trust
News Provided by Acquire Media