Senior Housing Properties Trust (SNH) announced that it has priced a public offering of 6.50 million common shares of beneficial interest at $19.44 per share. The company specified that the offering size has been increased from the previously announced 4.50 million share offering.
The company said it expects the settlement of this sale to occur on September 15, 2009. The company anticipates to use the proceeds for general business purposes, including funding in part pending acquisitions or possible future acquisitions of properties.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.