HCP starts $400M cash tender offer for notes

|About: HCP, Inc. (HCP)|By:, SA News Editor

HCP (HCP +1%) offers to buy up to $200M for each of its 4.250% senior notes due 2023 and 4.000% senior notes due 2022.

The 2023 notes have $800M of principal amount outstanding and the 2020 notes have $600M principal amount outstanding.

The tender offers will expire at midnight, New York City time, at the end of July 18, 2019; early tender expires at midnight at the end of July 3, 2019.

Subscribe for full text news in your inbox