Corporate ActionAug 5, 2026, 05:12 PM
National Healthcare Properties to Redeem All Series A & B Preferred Stock
AI Summary
National Healthcare Properties, Inc. announced its plan to redeem all outstanding shares of its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock and 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock. The redemption price for both series will be $25.00 per share, plus any accrued and unpaid dividends up to the respective redemption dates. The Series A Preferred Stock will be redeemed on September 4, 2026, and the Series B Preferred Stock on October 6, 2026.
Key Highlights
- Company to redeem 3,289,061 shares of 7.375% Series A Preferred Stock (NHPAP).
- Company to redeem 2,850,427 shares of 7.125% Series B Preferred Stock (NHPBP).
- Redemption price for both series is $25.00 per share plus accrued unpaid dividends.
- Series A Preferred Stock redemption date is September 4, 2026.
- Series B Preferred Stock redemption date is October 6, 2026.
Price Impact
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