
Nationwide Health Properties, Inc., founded in 1993 and headquartered in Newport Beach, California, is a real estate investment trust (REIT) focused on investing in healthcare properties. The company primarily engages in the acquisition and management of medical office buildings, skilled nursing facilities, and assisted living facilities, providing stable rental income while delivering essential healthcare services.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
VTR 6.90% 2037-10-01 USDNationwide Health Properties, Inc. | United States | 2037-10-01 | 6.900 | 5.54 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nationwide Health Properties began issuing bonds in the early 2000s, targeting growth capital for its expanding real estate portfolio. Notably, the company issued a $250 million bond in 2006, which was well-received, reflecting strong demand among retail investors. Currently, their bonds yield approximately 4.5%, aligning closely with industry averages for healthcare REITs. Recent news highlights a strategic refinancing effort that optimizes their capital structure while maintaining competitive yields, ensuring investor confidence in the company's financial health and growth trajectory.