Senior Housing Properties Trust Prices Offering of 10,000,000 Common Shares at $22.50/Share

Senior Housing Properties Trust SNH today announced it priced a public offering of 10,000,000 common shares at a price to the public of $22.50 per share. The settlement of this offering is expected to occur on Friday, July 1, 2011. SNH expects to use the proceeds of this offering to repay amounts outstanding under its revolving credit facility and for general business purposes, including funding acquisitions. The underwriters have been granted a 30-day option to purchase up to an additional 1,500,000 common shares to cover over-allotments, if any. The joint bookrunning managers for this offering are Jefferies & Company, Inc., Citi and UBS Investment Bank. The co-lead managers for this offering are Morgan Keegan, Morgan Stanley, RBC Capital Markets and Wells Fargo Securities. The co-managers for this offering are BB&T Capital Markets, Janney Montgomery Scott LLC, JMP Securities and Oppenheimer & Co.