Issuer Free Writing Prospectus, dated November 10, 2010
Filed Pursuant to Rule 433
Relating to the Preliminary Prospectus Supplement
dated November 10, 2010 and
Registration Statement No. 333-159040
Health Care REIT, Inc.
Pricing Term Sheet
$450,000,000 4.950% Notes due 2021
|
|
|
Issuer:
|
|
Health Care REIT, Inc. |
|
|
|
Size:
|
|
$450,000,000 |
|
|
|
Maturity:
|
|
January 15, 2021 |
|
|
|
Coupon (Interest Rate):
|
|
4.950% |
|
|
|
Yield to Maturity:
|
|
5.031% |
|
|
|
Spread to Benchmark Treasury:
|
|
T+237.5 bps |
|
|
|
Benchmark Treasury:
|
|
2.625% due August 15, 2020 |
|
|
|
Benchmark Treasury Price and Yield:
|
|
99-23+ / 2.656% |
|
|
|
Interest Payment Dates:
|
|
January 15 and July 15, commencing
July 15, 2011 |
|
|
|
Redemption Provision:
|
|
Make-whole call at any time based on
U.S. Treasury plus 35 basis points
or at par on or after 90 days prior to
January 15, 2021 |
|
|
|
Price to Public:
|
|
99.349% |
|
|
|
Settlement Date:
|
|
T+3; November 16, 2010 |
|
|
|
CUSIP / ISIN:
|
|
42217K AU0 / US42217KAU07 |
|
|
|
Ratings*:
|
|
Baa2 by Moodys Investors Service,
Inc. / BBB- by Standard & Poors
Ratings Services / BBB by Fitch
Ratings Ltd. |
|
|
|
Joint Book-Running Managers:
|
|
Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Credit Agricole
Securities (USA) Inc., Deutsche Bank
Securities Inc. and UBS Securities LLC |
|
|
|
* |
|
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be
subject to revision or withdrawal at any time. |
The issuer has filed a registration statement (including a base prospectus) and a related
preliminary prospectus supplement dated November 10, 2010 with the SEC for the offering to which
this communication relates. Before you invest, you should read the base prospectus in that
registration statement, the related preliminary prospectus supplement and the other documents the
issuer has filed with the SEC for more complete information about the issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc. or UBS Securities LLC can arrange to send you the prospectus if you request it by
calling Merrill Lynch, Pierce, Fenner & Smith Incorporated toll
free at 1-800-294-1322, calling Credit Agricole Securities (USA) Inc. toll free at 1-866-807-6030, calling Deutsche Bank Securities Inc. toll free at 1-800-503-4611,
or by calling UBS Securities LLC toll free at (877) 827-6444, extension 561-3884.