Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Thomson Reuters Stock Report
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

HealthLease Properties Real Estate Investment Trust announces closing of C$75 million equity financing


Monday, 5 May 2014 09:35am EDT 

HealthLease Properties Real Estate Investment Trust;:Says closing of previously announced public offering of 7,500,000 trust units, inclusive of 500,000 Units issued.Pursuant to exercise of over-allotment option, on a bought deal basis, at price of C$10 per Unit for total gross proceeds of C$75,000,000.Offering was conducted through syndicate of underwriters led by BMO Nesbitt Burns Inc. and National Bank Financial Inc. and including Canaccord Genuity Corp., CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., Dundee Securities Ltd., Raymond James Ltd. and Euro Pacific Canada Inc.REIT intends to use net proceeds from Offering primarily for funding of portion of purchase price in respect of previously announced SP III Senior Care Portfolio, Kokomo Property and Continuum II Portfolio acquisitions.Also for repayment of debt in respect of Clearvista Lake Campus and Arlington Place Health Campus acquisitions announced on March 17, 2014 and for general trust purposes.