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Omega Healthcare Investors closes $500M notes offering

Omega Healthcare Investors Inc. closed a $500 million public offering of 3.625% senior unsecured notes due Oct. 1, 2029.

The healthcare real estate investment trust expects to use the net proceeds to repay outstanding borrowings under its credit facilities, with any remainder to be used for general corporate purposes.

U.S. Bank NA was the trustee for the notes.