Omega Healthcare Investors, Inc. reports recurring developments as a healthcare real estate investment trust focused on long-term care properties. Its portfolio is concentrated in skilled nursing and assisted living facilities, including senior housing and care homes, operated by third-party healthcare companies primarily under triple-net lease structures across the United States, the United Kingdom and Canada.
Company updates commonly cover AFFO, FFO and Funds Available for Distribution, quarterly dividends, acquisitions, real estate loan fundings, investments in unconsolidated entities and balance-sheet activity. News also addresses portfolio management, operator coverage and rent or interest collections, including disclosures tied to major operators and senior housing RIDEA investments.
Omega Healthcare Investors (NYSE: OHI) is set to announce its third quarter earnings on October 29, 2020, post-market close. A conference call will follow on October 30, 2020, at 10 a.m. ET, to discuss the results and recent developments. The company focuses on investments in the long-term healthcare sector, primarily in skilled nursing and assisted living facilities, utilizing a triple-net lease structure. Further information can be found on Omega's website.
Omega Healthcare Investors (NYSE: OHI) has announced a public offering of $700 million in 3.375% Senior Notes maturing in 2031. The settlement is expected on October 9, 2020. Proceeds will be used to repay existing borrowings and for general corporate purposes, including future acquisitions. The notes are unsecured obligations guaranteed by existing and future subsidiaries. J.P. Morgan, BofA Securities, Credit Agricole CIB, and Wells Fargo Securities are leading the offering. The issue price is set at 98.249% with a coupon rate of 3.375%, payable semiannually.