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United States

Brookdale Senior Living Inc (BKD.N)

BKD.N on New York Stock Exchange

11.39USD
2 Dec 2016
Change (% chg)

$0.12 (+1.06%)
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Tue, Nov 1 2016

BRIEF-Brookdale says enters into agreements with HCP and Blackstone

* Says transactions to result in restructurings or lease terminations for 97 hcp-leased communities

BRIEF-Brookdale Senior Living sees FY 2016 adj EBITDA $818 mln to $828 mln

* Authorizes $100 million share repurchase program and appoints dan decker as executive chairman

BRIEF-Brookdale Senior Living reports Q2 loss per share of $0.19

* Q2 same store sales for consolidated senior housing portfolio rose 1.6 percent

BRIEF-Brookdale Senior Living Inc enters into agreement to sell 44 communities

* Expect to use proceeds of transaction to primarily repay debt in another step towards deleveraging balance sheet

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