Principal Healthcare Financing

Principal Healthcare, UK offshore associate of US Real Estated Investment Trust (REIT) Omega Healthcare Investors Inc, raised this month £150m in the Eurosterling market. Lead underwriters for the transaction were Merrill Lynch and Dresdner Kleinwort Benson.The issue had two tranches. The £100m tranche A was AAA rated and had a coupon of 7.1875% and a…

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