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BRIEF-Caretrust REIT announces launch of offering of senior notes due 2025
May 8, 2017 / 10:56 AM / 4 months ago

BRIEF-Caretrust REIT announces launch of offering of senior notes due 2025

May 8 (Reuters) - Caretrust Reit Inc

* Announces launch of offering of $300.0 million of senior notes due 2025

* Intends to use any remaining net proceeds to repay borrowings outstanding under its revolving credit facility

* Intends to use a part of net proceeds from offering to pay redemption price to redeem all of issuers' 5.875 pct senior notes due 2021 Source text for Eikon: Further company coverage:

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