{"id":1003742043,"date":"2008-03-26T12:00:00","date_gmt":"2008-03-26T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/03\/26\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/"},"modified":"2022-12-03T00:52:17","modified_gmt":"2022-12-03T08:52:17","slug":"hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/","title":{"rendered":"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public"},"content":{"rendered":"<p>Healthcare REIT HCP Inc. has announced that it will sell 4.5 million shares of common stock to Goldman Sachs &amp; Co. for $149.9 million in an offering it just priced at $33.32 per share and, in a separate move, will offer 12.5 million shares of common stock to the public.   HCP plans to use the proceeds from the sale of stock to Goldman Sachs and the issuance of additional stock to repay part of a $1 billion debt under the company&#8217;s revolving credit facility which, when entered into on Aug. 1, 2007, had an initial capacity of $1.5 billion. Additionally, the issuance of the 12.5 million shares to index funds will be used to meet the anticipated needs of index funds to acquire HCP common stock when the company is added to the S&amp;P 500 Index at end of the business day on March 28. Both offerings are on target to close simultaneously.   Headquartered in Long Beach, Calif., HCP invests primarily in real estate associated with the healthcare industry and is considered the largest REIT in its niche. As of the close of 2007 the company&#8217;s portfolio consisted of 753 senior housing, life science, medical office, hospital and skilled nursing properties. HCP stock opened today at $32.81 today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Healthcare REIT HCP Inc. has announced that it will sell 4.5 million shares of common stock to Goldman Sachs &amp; Co. for $149.9 million in an offering it just priced at $33.32 per share and, in a separate move, will offer 12.5 million shares of common stock to the public. HCP plans to use the&hellip;<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1003742043","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public\" \/>\n<meta property=\"og:description\" content=\"Healthcare REIT HCP Inc. has announced that it will sell 4.5 million shares of common stock to Goldman Sachs &amp; Co. for $149.9 million in an offering it just priced at $33.32 per share and, in a separate move, will offer 12.5 million shares of common stock to the public. HCP plans to use the&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2008-03-26T20:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-03T08:52:17+00:00\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"headline\":\"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public\",\"datePublished\":\"2008-03-26T20:00:00+00:00\",\"dateModified\":\"2022-12-03T08:52:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/\"},\"wordCount\":210,\"commentCount\":0,\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/\",\"name\":\"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"datePublished\":\"2008-03-26T20:00:00+00:00\",\"dateModified\":\"2022-12-03T08:52:17+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1d2a393e4a57d6d45707374e94ab4fef\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/cpeadmin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/","og_locale":"en_US","og_type":"article","og_title":"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public","og_description":"Healthcare REIT HCP Inc. has announced that it will sell 4.5 million shares of common stock to Goldman Sachs &amp; Co. for $149.9 million in an offering it just priced at $33.32 per share and, in a separate move, will offer 12.5 million shares of common stock to the public. HCP plans to use the&hellip;","og_url":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2008-03-26T20:00:00+00:00","article_modified_time":"2022-12-03T08:52:17+00:00","author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/"},"author":{"name":"the Editors of Commercial Property Executive","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef"},"headline":"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public","datePublished":"2008-03-26T20:00:00+00:00","dateModified":"2022-12-03T08:52:17+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/"},"wordCount":210,"commentCount":0,"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/","url":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/","name":"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"datePublished":"2008-03-26T20:00:00+00:00","dateModified":"2022-12-03T08:52:17+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hcp-to-sell-4-5m-shares-for-150m-issue-12-5m-shares-to-public\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"HCP to Sell 4.5M Shares for $150M, Issue 12.5M Shares to Public"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/cpeadmin\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003742043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1003742043"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003742043\/revisions"}],"predecessor-version":[{"id":1004625993,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1003742043\/revisions\/1004625993"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1003742043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1003742043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1003742043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}