Senior Housing Properties Trust Announces Underwriters' Exercise of Over-Allotment Option.NEWTON, Mass. -- Senior Housing Properties Trust (NYSE NYSE See: New York Stock Exchange : SNH SNH Scottish Natural Heritage SNH Sunday Night Heat (wrestling) SNH Society for Netherlandic History SNH Supervision Network Hub ) today announced that the underwriters of its recent equity offering have exercised their over-allotment option in full to purchase 750,000 additional shares of common stock. The sale price of these additional shares will be $22.06 per share, less underwriting discounts and commissions of $1.02 per share. This sale of the additional shares is expected to close on November 21, 2006. The original public offering of 5,000,000 common shares closed today, November 17, 2006. The joint book-running managers of this offering were UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Investment Bank and Merrill Lynch & Co. The joint lead managers for this offering were Morgan Stanley, RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
LLC - Logical Link Control , Morgan Keegan & Company, Inc., Oppenheimer & Co., Raymond James and Stifel Nicolaus. This press release is not an offer to sell nor a solicitation of an offer to buy shares, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Copies of the prospectus supplement and related prospectus may be obtained from the offices of UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171 (telephone: 212-821-3000), or the offices of Merrill Lynch & Co., 4 World Financial Center, New York, New York 10080 (telephone: 212-449-1000) or by contacting any of the co-managing underwriters. A Maryland Real Estate Trust with transferable shares of beneficial interest listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust. |
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