LTC Properties announces $85.8 million financing deal

Share this content:
LTC Properties Inc. announced that it entered into a private placement of $85.8 million in 12-year senior unsecured notes to a group of institutional investors. The notes bear interest at 5.03%, mature on July 19, 2024, and have scheduled annual principal paydowns of approximately $17.2 million in years eight through 12.

Next Article in Products