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Omega Healthcare Investors to sell up to $500M of common stock

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Omega Healthcare Investors to sell up to $500M of common stock

Omega Healthcare Investors Inc. amended its existing equity distribution agreements such that it may sell up to $500 million of its common shares from time to time.

Before Sept. 7, Omega Healthcare had sold about $71.7 million of its common shares under the agreements, leaving about $428.3 million of shares for sale.

The agreements are with BB&T Capital Markets, Capital One Securities Inc., Credit Agricole Securities (USA) Inc., JPMorgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., MUFG Securities Americas Inc., Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Stifel Nicolaus & Co. Inc., SunTrust Robinson Humphrey Inc. and Wells Fargo Securities LLC.