February 18, 2025

Northwest Healthcare Properties Real Estate Investment Trust announces inaugural unsecured debentures offering

Goodmans LLP advised Northwest Healthcare Properties REIT in connection with a private placement offering of $500 million aggregate principal amount of senior unsecured debentures of the REIT in two series (the ‘Offering’). The Offering includes (i) $200 million of 5.019% Series A senior unsecured debentures due on February 18, 2028; and (ii) $300 million of 5.514% Series B senior unsecured debentures due on February 18, 2030.

The debentures will be issued at a price of $1,000 per $1,000 principal amount of debentures. The debentures are being offered on an agency basis by a syndicate of agents co-led in each of the provinces of Canada by RBC Dominion Securities Inc. and Scotia Capital Inc including National Bank Financial Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and TD Securities Inc.

Northwest is a leading owner and operator of healthcare real estate infrastructure in North America, Brazil, Europe and Australasia.

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