North­west Health­care files pre­lim­i­nary prospec­tus

Stockwatch Daily - - FINANCE - An anony­mous trustee re­ports

NORTH­WEST HEALTH­CARE Prop­er­ties Real Es­tate In­vest­ment Trust has filed a pre­lim­i­nary base shelf prospec­tus with the se­cu­ri­ties reg­u­la­tory au­thor­i­ties in each of the prov­inces and ter­ri­to­ries of Canada. The prospec­tus has not yet be­come fi­nal for the pur­pose of the sale of se­cu­ri­ties. The REIT has filed the prospec­tus to main­tain fi­nan­cial flex­i­bil­ity and to have the abil­ity to of­fer the se­cu­ri­ties on an ac­cel­er­ated ba­sis pur­suant to the fil­ing of prospec­tus sup­ple­ments. There is no cer­tainty any se­cu­ri­ties will be of­fered or sold un­der the fi­nal short-form base shelf prospec­tus.

Once re­ceipts for the fi­nal base shelf prospec­tus are ob­tained from the ap­pli­ca­ble se­cu­ri­ties reg­u­la­tors, the fi­nal base shelf prospec­tus will be valid for a 25-month pe­riod, dur­ing which time the REIT may of­fer and is­sue, from time to time, trust units, debt se­cu­ri­ties, war­rants and sub­scrip­tion re­ceipts, or any com­bi­na­tion thereof, hav­ing an ag­gre­gate of­fer­ing price of up to $1-bil­lion. Any is­sue of se­cu­ri­ties un­der the shelf prospec­tus will re­quire the fil­ing of a prospec­tus sup­ple­ment that will in­clude the spe­cific terms of the se­cu­ri­ties be­ing of­fered.

No se­cu­ri­ties may be sold nor may of­fers to buy be ac­cepted prior to the time at which re­ceipts for the fi­nal base shelf prospec­tus are ob­tained from the ap­pli­ca­ble se­cu­ri­ties reg­u­la­tors. This news re­lease shall not con­sti­tute an of­fer to sell or the so­lic­i­ta­tion of an of­fer to buy nor shall there be any sale of the se­cu­ri­ties in any ju­ris­dic­tion in which such of­fer, so­lic­i­ta­tion or sale would be un­law­ful.

About North­west Health­care Prop­er­ties Real Es­tate In­vest­ment Trust North­west Health­care Prop­er­ties is an un­in­cor­po­rated, open-ended real es­tate in­vest­ment trust es­tab­lished un­der the laws of the Prov­ince of On­tario. As at June 30, 2018, the REIT pro­vides in­vestors with ac­cess to a port­fo­lio of high-qual­ity in­ter­na­tional health care real es­tate in­fras­truc­ture com­posed of in­ter­ests in a di­ver­si­fied port­fo­lio of 152 in­come-pro­duc­ing prop­er­ties and 10.6 mil­lion square feet of gross leasable area lo­cated through­out ma­jor mar­kets in Canada, Brazil, Europe, Aus­tralia and New Zealand. The REIT’s port­fo­lio of med­i­cal of­fice build­ings, clin­ics and hos­pi­tals is char­ac­ter­ized by long-term in­dexed leases and sta­ble oc­cu­pan cies. Wit h a fully in­te­grated and aligned se­nior man­age­ment team, the REIT lever­ages over 180 pro­fes­sion­als across nine of­fices in five coun­tries to serve as a long-term real es­tate part­ner to lead­ing health care op­er­a­tors.

We seek Safe Har­bor.

Robert Baron, Colin Loudon, Christo­pher David Nay­lor, Brian Ken­neth Petersen, Karen Hainsworth Weaver

(NWH) Shares: 103,279,807

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