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Northwest Healthcare REIT Completes $500 Million Debenture Issuance to Strengthen Financial Position

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Northwest Healthcare REIT Completes $500 Million Debenture Issuance to Strengthen Financial Position

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The latest update is out from NorthWest Healthcare Properties REIT ( ($TSE:NWH.UN) ).

Northwest Healthcare Properties REIT has completed a $500 million issuance of senior unsecured debentures in two series. The proceeds will be used to repay existing debt, enhancing the company’s financial position and potentially improving its market standing. The debentures received a BBB (low) credit rating with a stable trend from Morningstar DBRS, reflecting moderate credit risk and stable outlook. This move could strengthen Northwest’s ability to support its extensive healthcare real estate portfolio and ongoing partnerships with healthcare operators.

More about NorthWest Healthcare Properties REIT

Northwest Healthcare Properties Real Estate Investment Trust provides investors access to an international portfolio of high-quality healthcare real estate infrastructure. The REIT has interests in 171 income-producing properties, covering approximately 15.8 million square feet across major markets in North America, Brazil, Europe, and Australasia. Its portfolio includes medical office buildings, clinics, and hospitals with long-term indexed leases and stable occupancies. Northwest serves as a long-term real estate partner for leading healthcare operators, leveraging a global workforce across eight countries.

YTD Price Performance: 10.39%

Average Trading Volume: 28,459

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $848M

For detailed information about NWH.UN stock, go to TipRanks’ Stock Analysis page.

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