other material
confidence high
sentiment neutral
materiality 0.50
Healthpeak receives required consents to amend DOC notes indentures for merger
HEALTHPEAK PROPERTIES, INC.
- Consents obtained from majority holders of $400M 4.300% notes due 2027, $350M 3.950% notes due 2028, $500M 2.625% notes due 2031.
- Consent payment of $1.00 per $1,000 principal for holders who provided valid consent by Feb. 26, 2024 expiration.
- Amendments conform debt covenants to Healthpeak's indentures and eliminate maintenance-of-properties covenant.
- Healthpeak guarantee of DOC notes will be issued promptly after merger closing.