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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.