Navigation Links
Brookdale Announces Completion of Follow-On Offering
Date:6/8/2009

NASHVILLE, Tenn., June 8 /PRNewswire-FirstCall/ -- Brookdale Senior Living Inc. (NYSE: BKD) (the "Company") today announced the closing of its previously disclosed public offering of 13,953,489 shares of common stock, at a public offering price of $10.75 per share. The underwriters in the offering exercised in full their option to purchase 2,093,023 additional shares of common stock from the Company at the public offering price, resulting in net proceeds to the Company from the offering of approximately $164 million.

The Company has used a portion of the net proceeds from the offering to repay the $125 million of indebtedness that was outstanding under its credit agreement, and will use the remainder for working capital and other general corporate purposes.

As previously announced, in conjunction with the offering and at the Company's request, the Company's credit agreement was recently amended to, among other things, reduce the maximum revolving loan commitment to $75 million, eliminate the requirement for mandatory prepayments, and increase the Company's flexibility to make acquisitions and capital expenditures and to incur letters of credit and other liens.

Goldman, Sachs & Co., Barclays Capital Inc. and Merrill Lynch & Co. acted as Joint Book-Running Managers and as representatives for the underwriters of this offering.

The shares of common stock were offered and sold pursuant to a prospectus supplement, dated June 2, 2009, and related prospectus, dated May 22, 2009, each filed with the Securities and Exchange Commission.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlaw
'/>"/>

SOURCE Brookdale Senior Living Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Brookdale to Present at JMP Securities Research Conference
2. Brookdale to Present at Bank of America and Merrill Lynch 2009 Health Care Conference
3. Brookdale Announces First Quarter 2009 Results; CFFO of $0.49 per Share
4. Brookdale Announces First Quarter 2009 Release and Earnings Call
5. Brookdale to Present at Barclays Capital Global Healthcare Conference March 11
6. Brookdale Announces Fourth Quarter and Full Year 2008 Results
7. Brookdale Amends and Extends Corporate Line of Credit
8. Brookdale Announces Fourth Quarter 2008 Release and Earnings Call
9. Brookdale to Present at UBS Global Healthcare Services Conference February 10
10. AT&T Mobility and Brookdale Senior Living Host First Cell Phones for Seniors Public Service Event in New York City
11. Brookdale Announces Second Quarter 2008 Release and Earnings Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/24/2014)... "My friend was killed when a vehicle ... street in his motorized wheelchair," said an inventor from ... up with this idea so that people in wheelchairs ... the Safety Lites to make a wheelchair highly visible, ... ensures that motorists can see the wheelchair. This helps ...
(Date:11/23/2014)... 23, 2014 The report, “Market ... to 2020 - Asia-Pacific” provides quantitative analysis of ... segments: minimally invasive body contouring devices, non-invasive body ... includes market size data by revenue and volume ... countries: China, Japan, South Korea, Australia and India. ...
(Date:11/23/2014)... friends have more influence on teens, alcohol use than ... "We,ve known for a long time that ... use, but there are no common studies that distinguished ... influence on those decisions," Jonathon Beckmeyer, an assistant professor ... a university news release. Beckmeyer analyzed data gathered ...
(Date:11/23/2014)... 23, 2014 To show thanks to new ... collection of white evening dresses for weddings. Customers ... 24/7. , iFitDress.com is a distinguished dress manufacturer, and it ... by worldwide customers for a very long time. The CEO ... a customer will be able to buy not only a ...
(Date:11/23/2014)... 23, 2014 Asher Milgrom, is ... & Wellness was recently featured on International ... president and CEO of American Medical Aesthetics & Wellness, ... received a full scholarship to attend an M.D./Ph.D program ... at the University of Chicago, where his field of ...
Breaking Medicine News(10 mins):Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 2Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 3Health News:Aesthetic Lasers and Energy Devices Market in APAC (China, Japan, South Korea, Australia and India) to 2020 4Health News:Close Friends May Be Key to Teens' Drinking 2Health News:iFitDress.com: Wonderful White Evening Dresses Now Available 2Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 2Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 3Health News:Asher Milgrom Is the Founding Doctor of AMA Skincare and Is Featured in the International Business Times 4
... /PRNewswire-FirstCall/ - AlphaRx (OTC BB:ALRX -,News), an ... to develop novel formulations of drugs, is ... Army Medical Research Institute of,Infectious Diseases) has ... for Material Transfer (MTA). The resulting joint ...
... link, experts say , , TUESDAY, May 27 (HealthDay News) ... day: A new study finds that gum disease could raise ... disease had a 14 percent higher risk of cancer than ... persisted among never smokers," said lead researcher Dominique Michaud, a ...
... vitamin D for children is 200 International Units (IUs), ... can safely take ten-times that amount. According to a ... Clinical Endocrinology & Metabolism (JCEM), this order-of-magnitude increase could ... have other long-term health benefits. , Our research reveals ...
... Students at Seattle Children,s Hospital, Swedish Medical Center and Medical University of ... ... Topics Ranging from Pediatrics to Cancer ... Techniques, NEW YORK, May 27 The Doctor,s Channel, (http://www.thedoctorschannel.com ), hailed ...
... Dr. Helen Kastrissios Will Present on Communicating the ... Pharmacodynamic Modeling in Clinical Drug Development, ... (Nasdaq: PHST ), a leading provider of ... drug,development, today announced that Helen Kastrissios, Ph.D., senior,scientist, ...
... partnership between Peninsula Medical School, NHS South West ... been awarded a 20 million grant to conduct ... heart disease, diabetes, mental illness, childhood disability and ... seven new collaborations between NHS organisations and leading ...
Cached Medicine News:Health News:AlphaRx Signs Cooperative Research and Development Agreement with US Army 2Health News:Gum Disease Might Boost Cancer Risk 2Health News:Gum Disease Might Boost Cancer Risk 3Health News:Current vitamin D recommendations fraction of safe, perhaps essential levels for children 2Health News:The Doctor's Channel Launches New Videos from Three Top Hospitals 2Health News:The Doctor's Channel Launches New Videos from Three Top Hospitals 3Health News:Pharsight Invited to Present on Modeling and Simulation at ARCS Australia Scientific Congress 2Health News:£20M health research collaboration announced for the southwest England 2
(Date:11/21/2014)... 2014  Alere Inc. (NYSE: ALR ), ... Juliet Cunningham as Vice President, Investor Relations. ... for driving communications with the investment community. ... changes to increase shareholder value, it is critical that ... Nawana, Chief Executive Officer. "We are delighted that ...
(Date:11/21/2014)... 21, 2014  Tandem Diabetes Care ® , ... device company and manufacturer of the t:slim ® ... Tidepool, a non-profit dedicated to improving diabetes therapy ... that increases diabetes data accessibility. This partnership will ... currently under development, to download and access data ...
(Date:11/21/2014)... , Nov. 21, 2014  World Hemp Oil, an ... THC, announces they are now offering legal, organic oil ... Web type strains grown in medical marijuana states. People ... disorders, such as Parkinson,s, MS, and spinal cord injury, ... to pass, because imported CBD Oil Is legal in ...
Breaking Medicine Technology:Alere Appoints Juliet Cunningham to Lead Investor Relations 2Tandem Diabetes Care Announces Partnership with Tidepool to Further Expand Access to Diabetes Device Data 2Tandem Diabetes Care Announces Partnership with Tidepool to Further Expand Access to Diabetes Device Data 3New CBD Oil From Industrial Hemp is Comparable to Charlotte's Web, Legal In All 50 States 2New CBD Oil From Industrial Hemp is Comparable to Charlotte's Web, Legal In All 50 States 3
... treatment options and research directions , , WASHINGTON, ... new therapeutic option for many patients with interstitial cystitis (IC). ... as 8 million women and 1.5 million men in the ... long noticed a correlation between allergies and IC. Recently, a ...
... , , Dear Shareholder, , , I ... taking place at this critical juncture in our company history. This communication ... your president. , , Like many of you, I also ... you to know I am fully committed no matter how difficult the ...
Cached Medicine Technology:Urologist and Allergist Explore Link Between Allergies and Interstitial Cystitis 2Urologist and Allergist Explore Link Between Allergies and Interstitial Cystitis 3Urologist and Allergist Explore Link Between Allergies and Interstitial Cystitis 4Alfacell Provides Shareholder Update 2Alfacell Provides Shareholder Update 3Alfacell Provides Shareholder Update 4Alfacell Provides Shareholder Update 5Alfacell Provides Shareholder Update 6
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: