Business
Omega Announces Pricing of Its $600,000,000 Senior Notes Offering
HUNT VALLEY, Md., June 10, 2025--Omega Healthcare Investors, Inc. (NYSE: OHI) ("Omega") today announced that it priced an underwritten public offering of $600,000,000 aggregate principal amount of 5.200% Senior Notes due 2030 (the "2030 Notes"). The settlement of this offering is expected to occur on June 20, 2025, subject to customary closing conditions.
About this update from Omega Healthcare Investors, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":3600,"height":900,"url":"https://media.zenfs.com/en/business-wire.com/39f11a9d3cb1a63dec8c383c6e6937f8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/xzrWiyiLJrJIs8DeLa97yQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI0MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/39f11a9d3cb1a63dec8c383c6e6937f8","width":960,"height":240},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/DIzEwvQ.TDQS7mLa.4rDgw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD02MDA7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/39f11a9d3cb1a63dec8c383c6e6937f8","width":1200,"height":300}},"lazy":false},{"type":"text","content":"HUNT VALLEY, Md., June 10, 2025--(BUSINESS WIRE)--Omega Healthcare Investors, Inc. (NYSE: OHI) ("Omega") today announced that it priced an underwritten public offering of $600,000,000 aggregate principal amount of 5.200% Senior Notes due 2030 (the "2030 Notes"). The settlement of this offering is expected to occur on June 20, 2025, subject to customary closing conditions.","length":394,"tagName":"p"},{"type":"text","content":"Omega intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, repayment of existing indebtedness and future acquisition or investment opportunities in healthcare-related real estate properties and to pay certain fees and expenses related to the Offering.","length":319,"tagName":"p"},{"type":"text","content":"The 2030 Notes are guaranteed by Omega’s subsidiary, OHI Healthcare Properties Limited Partnership, and will be guaranteed by Omega’s existing and future subsidiaries that guarantee unsecured indebtedness for money borrowed of Omega in a principal amount at least equal to $100 million.","length":286,"tagName":"p"},{"type":"text","content":"Wells Fargo Securities, LLC, BofA Securities, Inc., Credit Agricole Securities (USA) Inc. and J.P. Morgan Securities LLC are acting as active joint book-running managers for the offering of the 2030 Notes.","length":205,"tagName":"p"},{"type":"text","content":"The 2030 Notes will mature on July 1, 2030, have an issue price to the public of 99.118% and feature a fixed-rate coupon of 5.200% per annum, payable semiannually on January 1 and July 1 of each yea...