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Northwest Healthcare Properties REIT Secures $500 Million in Debentures Offering

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Northwest Healthcare Properties REIT Secures $500 Million in Debentures Offering

An update from NorthWest Healthcare Properties REIT ( ($TSE:NWH.UN) ) is now available.

Northwest Healthcare Properties REIT announced a successful $500 million inaugural unsecured debentures offering, marking a significant milestone following its investment-grade credit rating by Morningstar DBRS. The offering, set to close around February 18, 2025, aims to reduce the REIT’s capital cost and address near-term debt maturities, while reinforcing its financial position and market standing.

More about NorthWest Healthcare Properties REIT

Northwest Healthcare Properties Real Estate Investment Trust is a prominent owner and operator of healthcare real estate infrastructure across North America, Brazil, Europe, and Australasia. The company provides investors with access to a diversified portfolio of 171 income-producing properties, including medical office buildings, clinics, and hospitals, which are characterized by long-term indexed leases and stable occupancies.

YTD Price Performance: 4.21%

Average Trading Volume: 29,251

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $792.5M

For detailed information about NWH.UN stock, go to TipRanks’ Stock Analysis page.

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