Omega Prices $700 Million Senior Notes Offering

10/8/20

HUNT VALLEY, Md.--(BUSINESS WIRE)--Omega Healthcare Investors, Inc. (NYSE: OHI)  today announced that it priced an underwritten public offering of $700 million aggregate principal amount of 3.375% Senior Notes due 2031. The settlement of this offering is expected to occur on October 9, 2020, subject to customary closing conditions.

Omega intends to use the net proceeds from the offering to repay outstanding borrowings under its credit facilities, with the remainder, if any, to be used for general corporate purposes, including future acquisitions or investment opportunities.