debt
confidence high
sentiment neutral
materiality 0.50
Omega Healthcare prices $600M 5.200% Senior Notes due 2030; net proceeds ~$591M
OMEGA HEALTHCARE INVESTORS INC
- $600M aggregate principal, 5.200% coupon, due July 1, 2030; issue price 99.118%.
- Net proceeds ~$591.1M after underwriting discount; expected settlement June 20, 2025.
- Notes guaranteed by OHI Healthcare Properties Limited Partnership and certain subsidiaries.
- Proceeds for general corporate purposes, including debt repayment and healthcare real estate acquisitions.
- Joint book-runners: Wells Fargo, BofA, Credit Agricole, J.P. Morgan Securities.
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