New Issue-Omega Healthcare sells $225 mln notes

Wed Sep 29, 2010 11:13am EDT

  Sept 29 (Reuters) - Omega Healthcare Investors Inc (OHI.N)
on Wednesday sold $225 million of senior notes in the 144a
private placement market, said a market source.
  The size of the deal was increased from an originally
planned $200 million.
  Bank of America Merrill Lynch, Deutsche Bank, Jefferies
and UBS were the joint bookrunning managers for the sale.
BORROWER: OMEGA HEALTHCARE INVESTORS INC
AMT $225 MLN      COUPON 6.75 PCT     MATURITY 10/15/2022
TYPE SR NTS       ISS PRICE 98.984    FIRST PAY 4/15/2011
MOODY'S Ba2       YIELD 6.875 PCT     SETTLEMENT 10/4/2010
S&P BB-PLUS       SPREAD 441 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A          MORE THAN TREAS    NON-CALLABLE 5 YRS 

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