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Health Care REIT, Inc.

Health Care REIT, Inc. Announces Pricing of $350 Million of Convertible Senior Notes

Published in Medicine and Law Weekly, August 3rd, 2007

Health Care REIT, Inc. (NYSE:HCN) announced the pricing of its offering of $350 million aggregate principal amount of 4.75% Convertible Senior Notes due 2027. Health Care REIT has granted the underwriters a 30-day option to purchase up to an additional $52.5 million aggregate principal amount of notes to cover over-allotments, if any.

The notes will be senior unsecured obligations and mature on July 15, 2027. The notes will pay interest semi-annually at a rate of 4.75% per year. The notes may be redeemed, in whole or in part, by Health Care REIT from time to time on or after July 15, 2012. Holders of the notes will have the right to require Health Care REIT to...

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