Business News: HCP Upsizes, Prices Public Offering of 15,000,000 Shares of Common Stock

10Dec - by Editor - 0 - In STL.News



IRVINE, CA – HCP, Inc. (NYSE: HCP) (the “Company”) announced today that it has agreed to sell 15,000,000 shares of its common stock, consisting of 2,000,000 shares offered directly by the Company and 13,000,000 shares offered on a forward basis in connection with the forward sale agreement described below, at a price of $28.90 per share (before deducting underwriting discounts and commissions).  The 15,000,000 share offering represents a 1,000,000 share upsize to the originally proposed 14,000,000 share offering. 

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