Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sat, December 4, 1:50 AM

This Slide: #486 of 573

Slide #486. Sabra Health Care REIT, Inc. — Preferred Stock Offering

Company:	Sabra Health Care REIT, Inc. (NASDAQ:SBRA)
Date announced:	3/21/2013
Security type:	7.125% Series A Cumulative Redeemable Preferred Stock (SBRA.PRA)
Shares Offered:	5,750,000
Price Per Share:	$25
Preferred Stock Offering Details:	Sabra Health Care REIT, Inc. ("Sabra" or the "Company") (Nasdaq:SBRA) today announced the closing of an underwritten public offering of 5,750,000 shares of 7.125% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") at a price of $25.00 per share, pursuant to an effective registration statement, for net proceeds of approximately $138.2 million after deducting underwriting discounts and other estimated offering expenses. The 5,750,000 shares of the Company's Series A Preferred Stock includes the underwriters' exercise in full on March 20, 2013 of their option to purchase up to an additional 750,000 shares of the Company's Series A Preferred Stock. The Series A Preferred Stock is expected to be admitted for trading on the NASDAQ Global Select Market under the symbol "SBRA PA" within 30 days of the date of closing.

Sabra Health Care REIT owns and invests in real estate serving the healthcare industry. Co.'s portfolio consisted of: Skilled Nursing/Transitional Care Facilities, which include skilled nursing facilities, mental health facilities, and transitional care facilities/units; Senior Housing Communities, which include independent living communities, assisted living communities, memory care communities, and continuing care retirement communities; and Specialty Hospitals and Other Facilities, which include acute care hospitals, long-term acute care hospitals, rehabilitation hospitals, behavioral hospitals, addiction treatment centers, residential services facilities, and other facilities.

Preferred: SBRAP

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SBRA — Key Stats (updated 15 HRs, 25 MINs ago)

Name:
Sabra Health Care REIT Inc
Website:
www.sabrahealth.com
Sector:
REITs
Number of ETFs Holding SBRA:
63 (see which ones)
Total Market Value Held by ETFs:
$656,806,455.08
Total Market Capitalization:
$2,957,000,000
% of Market Cap. Held by ETFs:
22.21%