HealthLease Properties Real Estate Investment Trust announces closing of Cdn$50 million bought deal offering of convertible

HealthLease Properties Real Estate Investment Trust announces closing of 
Cdn$50 million bought deal offering of convertible unsecured subordinated 
TORONTO, Nov. 12, 2013 /CNW/ - HealthLease Properties Real Estate Investment 
Trust (TSX: HLP.UN) ("HealthLease" or the "REIT") is pleased to announce that 
it has completed its offering (the "Offering") of Cdn$50.0 million aggregate 
principal amount of 5.75% convertible unsecured subordinated debentures due 
November 30, 2018 (the "Debentures"). The Debentures are convertible, at the 
option of the holder, into trust units of the REIT at a price of Cdn$14.00 per 
trust unit. 
The Offering was completed on a bought deal basis and was underwritten by a 
syndicate of underwriters led by BMO Capital Markets. The Debentures have been 
listed on the TSX under the symbol HLP.DB. As previously announced, 
HealthLease intends to use the net proceeds of the Offering to repay 
indebtedness incurred under the REIT's credit facility and for general 
business purposes. 
The securities have not and will not be registered under the U.S. Securities 
Act of 1933, as amended, and may not be offered or sold in the United States 
absent registration or an applicable exemption from the registration 
requirements. This press 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 
About HealthLease Properties Real Estate Investment Trust 
HealthLease owns one of the youngest and highest quality portfolios of seniors 
housing and care facilities with 12 properties located in two provinces of 
Canada and 32 properties located in eight states of the United States for a 
total of 4,335 beds. The facilities are leased to experienced tenant operators 
who have significant operational experience in the U.S. and Canada. The leases 
are structured as long-term and triple-net: features that provide stability 
and dependability to the REIT's cash flow and distributions. The REIT's 
best-in-class portfolio of premier properties meets the growing demands of 
modern seniors by emphasizing features such as hotel-like design, private 
rooms and baths and hospitality-inspired amenities. For more information, 
Forward-Looking Information: 
This press release contains forward-looking statements with respect to 
HealthLease and its operations, strategy, financial performance and financial 
condition, as well as with respect to the Offering. These statements generally 
can be identified by the use of forward-looking words such as "forecast", 
"may", "will", "would", "expect", "estimate", "anticipate", "intend", 
"believe" or "continue" or the negative thereof or similar variations. The 
actual results and performance of HealthLease discussed herein could differ 
materially from those expressed or implied by such statements. See the risk 
factors in the public filings of HealthLease. Such statements are qualified in 
their entirety by the inherent risks and uncertainties surrounding future 
expectations. Some important factors that could cause actual results to differ 
materially from expectations include, among other things, general economic and 
market factors, competition, and changes in securities or other laws or 
regulations or the application thereof. The cautionary statements qualify all 
forward-looking statements attributable to HealthLease and persons acting on 
its behalf. The assumptions made in making forward-looking statements are 
referred to in the public filings of HealthLease. Unless otherwise stated, all 
forward-looking statements speak only as of the date of this press release. 
Except as required by applicable law, HealthLease specifically disclaims any 
obligation to update or revise any forward-looking statements, whether as a 
result of new information, future developments or otherwise. Additional 
information about these assumptions and risks and uncertainties is contained 
in HealthLease's filings with securities regulators, including its latest 
annual information form and MD&A. These filings are also available at 
HealthLease's website at

SOURCE  HealthLease Properties Real Estate Investment Trust 
Scott White Executive Vice-President, Finance HealthLease Properties REIT (317) 420-0205 
Renée Lam Investor Relations TMX Equicom (416) 
815-0700 ext. 258 
To view this news release in HTML formatting, please use the following URL: 
CO: HealthLease Properties Real Estate Investment Trust
ST: Ontario
-0- Nov/12/2013 13:52 GMT
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