Senior Housing Properties Trust Announces Business Updates
Senior Housing Properties Trust Announces Business Updates
Press Release: Senior Housing Properties Trust Announces Business Updates
新聞稿：高級房屋物業信託公司宣佈業務更新
Senior Housing Properties Trust Announces Business Updates
高級房產信託公司宣佈業務更新
NEWTON, Mass.--(BUSINESS WIRE)--December 30, 2019--
馬薩諸塞州牛頓--(美國商業新聞網)--2019年12月30日--
Senior Housing Properties Trust (Nasdaq: SNH) today announced that it remains on schedule to complete the restructuring of its business arrangements with its largest tenant, Five Star Senior Living Inc. (Nasdaq: FVE), or Five Star, as of January 1, 2020.
亞洲網加利福尼亞州聖何塞1月1日電高級住宅物業信託公司(納斯達克市場代碼：SNH)今天宣佈，它仍將按計劃在2020年1月1日之前完成與其最大租户五星高級生活公司(納斯達克市場代碼：FVE)或五星公司的業務安排重組。
In addition, SNH announced the completion of $207.8 million in property sales during the fourth quarter of 2019 as part of its previously announced plan to sell up to $900 million of properties in connection with the restructuring. SNH also recently completed the acquisition of a 169-unit Active Adult rental property in Plano, TX for approximately $50.3 million and obtained a new, short-term $250 million senior unsecured term loan.
此外，SNH宣佈在2019年第四季度完成2.078億美元的房地產銷售，這是其之前宣佈的與重組相關的出售至多9億美元房地產計劃的一部分。SNH最近還完成了以大約5030萬美元收購德克薩斯州普萊諾的一處169個單元的Active成人租賃物業，並獲得了一筆新的2.5億美元的短期優先無擔保定期貸款。
Disposition Update:
處置更新：
Since the conference call regarding SNH's third quarter 2019 financial results, SNH has completed the sale of approximately $149.8 million of senior living and medical office properties. The sales include:
自SNH關於2019年第三季度財務業績的電話會議以來，SNH已經完成了約1.498億美元的高級生活和醫療辦公物業的銷售。銷售包括：
-- a portfolio of seven senior living communities with a combined 566 units
located in California, Oregon, Arizona, Florida and Rhode Island for
approximately $103.3 million.
-- a 150-unit senior living community located in Redmond, WA for $32.5
million, and
-- a 95,000 square foot medical office building located in Atlanta, GA for
$14 million.
-一個由7個老年人居住社區組成的投資組合，總共有566個單元位於加利福尼亞州、俄勒岡州、亞利桑那州、佛羅里達州和羅德島州大約1.033億美元。--華盛頓州雷蒙德市一棟150個單元的老年住宅區，售價32.5美元百萬美元，而且-一座95,000平方英尺的醫療辦公樓，位於佐治亞州亞特蘭大，用於1400萬美元。
As part of this disposition plan, SNH has sold, or currently has under agreement to sell, approximately $678 million of properties. SNH also currently has an additional $231 million of properties with offers from prospective buyers. SNH expects to use the proceeds from these sales to repay debt and for general business purposes, including potential acquisitions.
作為這一處置計劃的一部分，SNH已經出售了大約6.78億美元的物業，或目前根據協議出售了大約6.78億美元的物業。SNH目前還有另外2.31億美元的房產，來自潛在買家的報價。SNH預計將利用這些出售所得償還債務，並用於一般商業目的，包括潛在的收購。
Acquisition of 169-Unit, Active Adult rental property in Plano, TX:
收購德克薩斯州普萊諾169套現役成人租賃物業：
During the fourth quarter of 2019, SNH acquired a 169-unit, Class A, Active Adult rental property built in 2016 and located in Plano, TX, a submarket of Dallas, for approximately $50.3 million. SNH funded this acquisition with proceeds from dispositions and borrowings under its $1 billion unsecured revolving credit facility. Within a 10 mile radius of this property, SNH owns two senior living facilities: the 245-unit Forum at Park Lane and the 143-unit Premier Residences of Dallas.
2019年第四季度，SNH以約5030萬美元的價格收購了一套169套A類活躍成人租賃物業，該物業建於2016年，位於德克薩斯州普萊諾(Plano，TX)，達拉斯的一個子市場。SNH用其10億美元無擔保循環信貸安排下的處置和借款收益為此次收購提供資金。在該物業半徑10英里的範圍內，SNH擁有兩個高級生活設施：位於Park Lane的245個單元的Forum和143個單元的Dallas Premier Residences。
"SNH is excited to add this high-quality asset to our diverse portfolio of healthcare properties," said Jennifer Francis, President and Chief Operating Officer of SNH. "The age-restricted Active Adult rental apartment segment has gained popularity with baby boomers due to their interest in the active lifestyle, wellness and socialization benefits offered in these communities without the services and care that are provided in more traditional senior living communities. We believe the addition of this Active Adult property to our portfolio will capture the evolving real estate needs of the baby boomer generation, provide additional diversification of our assets and create synergies with our existing independent and assisted living communities."
SNH總裁兼首席運營官詹妮弗·弗朗西斯(Jennifer Francis)説：“SNH很高興能將這一優質資產添加到我們多樣化的保健資產組合中。“受年齡限制的Active成人租賃公寓在嬰兒潮一代中越來越受歡迎，因為他們對這些社區提供的積極生活方式、健康和社交福利感興趣，而沒有更傳統的老年生活社區提供的服務和照顧。我們相信，將這種Active成人物業加入我們的投資組合將滿足嬰兒潮一代不斷變化的房地產需求，提供我們資產的進一步多樣化，並與我們現有的獨立和輔助生活社區創造協同效應。”
Short-Term $250 Million Senior Unsecured Term Loan Facility:
2.5億美元短期高級無擔保定期貸款安排：
SNH also announced that, on December 12, 2019, it obtained a new short-term $250 million senior unsecured term loan. The maturity date of the term loan is June 12, 2020, which may be extended by six months subject to the satisfaction of certain conditions, including the payment of an extension fee. SNH used the net proceeds from this term loan, together with proceeds from its property dispositions, borrowings under its revolving credit facility and cash on hand, to prepay in full its $350 million senior unsecured term loan that was scheduled to mature on January 15, 2020. The interest rate on the new term loan is LIBOR plus 125 basis points, subject to adjustment based on changes to SNH's credit ratings.
SNH還宣佈，2019年12月12日，它獲得了一筆新的2.5億美元短期優先無擔保定期貸款。定期貸款到期日為2020年6月12日，若滿足包括支付延期費用在內的某些條件，可將期限延長六個月。SNH利用這筆定期貸款的淨收益，以及財產處置的收益、循環信貸安排下的借款和手頭現金，全額償還了定於2020年1月15日到期的3.5億美元優先無擔保定期貸款。新定期貸款的利率為LIBOR加125個基點，可根據瑞士信貸評級的變化進行調整。
SNH is a real estate investment trust, or REIT, that owns medical office and life science properties, senior living communities and wellness centers throughout the United States. SNH is managed by The RMR Group LLC, the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, MA.
SNH是一家房地產投資信託基金，或稱REIT，在全美擁有醫療辦公室和生命科學物業、老年生活社區和健康中心。SNH由RMR Group LLC管理，RMR Group LLC是總部設在馬薩諸塞州牛頓的另類資產管理公司RMR Group Inc.(納斯達克市場代碼：RMR)持有多數股權的運營子公司。
WARNING REGARDING FORWARD-LOOKING STATEMENTS
有關前瞻性陳述的警告
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Also, whenever SNH uses words such as "believe", "expect", "anticipate", "intend", "plan", "estimate", "will", "may" and negatives or derivatives of these or similar expressions, SNH is making forward-looking statements. These forward-looking statements are based upon SNH's present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in or implied by SNH's forward-looking statements as a result of various factors. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond SNH's control. For example:
本新聞稿包含符合1995年“私人證券訴訟改革法”和其他證券法的前瞻性陳述。此外，每當SNH使用諸如“相信”、“預期”、“預期”、“打算”、“計劃”、“估計”、“將”、“可能”以及這些或類似表達的否定或派生詞語時，SNH都是在發表前瞻性聲明。這些前瞻性陳述是基於SNH公司目前的意圖、信念或預期，但前瞻性陳述不保證會發生，也可能不會發生。由於各種因素，實際結果可能與SNH前瞻性陳述中包含或暗示的結果大不相同。前瞻性陳述涉及已知和未知的風險、不確定性和其他因素，其中一些是SNH無法控制的。例如：
-- This press release states that SNH remains on schedule to complete the
restructuring of its business arrangement with Five Star as of January 1,
2020. The completion of the restructuring is subject to conditions,
including, among others, the continued effectiveness of Five Star's
registration statement on Form S-1 for the related Five Star common share
issuances and the receipt of certain regulatory approvals. SNH cannot be
sure that these conditions will be satisfied. Accordingly, the
restructuring may not become effective as of January 1, 2020 or at all,
or the terms of such transactions may change.
-- This press release states that the property sales announced today were
part of SNH's previously announced disposition plan to sell up to $900
million of properties. SNH cannot be sure when or if it will be able to
sell additional properties or that any additional properties it may sell,
when combined with proceeds from previous sales, will aggregate or exceed
$900 million. Further, SNH is not obligated to continue to pursue this
disposition plan and it may elect to abandon pursuit of this disposition
plan at any time. If SNH does not complete its disposition plan, its
credit ratings may be adversely impacted, and it may be limited in
pursuing its business strategies.
-- This press release states that SNH expects to use the net proceeds from
the sale of properties announced today to repay debt and for general
business purposes, including potential acquisitions. However, SNH may
elect to use these proceeds for other reasons. Further, any reduction in
SNH's debt that may result from any repayment of its debt with these
proceeds may be offset by future borrowings that SNH may incur.
-- Ms. Francis discusses in this press release certain benefits SNH may
receive from the addition of the Active Adult community to its portfolio.
However, such benefits may not materialize as expected, or at all.
-- This press release states that SNH has the option to extend the maturity
date of the new term loan by six months subject to the satisfaction of
certain conditions, including the payment of an extension fee. However,
the applicable conditions may not be met. In addition, actual costs under
the new term loan will be higher than LIBOR plus a premium because of
fees and expenses associated with such debt.
--本新聞稿指出，SNH仍將按計劃完成自1月1日起對其與五星的業務安排進行重組，2020年。重組的完成是有條件的。包括，除其他外，五星計劃的持續有效性相關五星普通股S-1表格的登記聲明發行和收到某些監管批准。SNH不能為這些條件一定會得到滿足。因此，重組可能不會從2020年1月1日起生效，或者根本不會生效。否則，此類交易的條款可能會改變。--這份新聞稿説，今天公佈的房產銷售量是SNH之前宣佈的出售高達900美元的處置計劃的一部分數以百萬計的財產。SNH無法確定何時或是否能夠出售額外的財產或它可能出售的任何額外的財產，當與以前銷售的收益相結合時，將合計或超過9億美元。此外，SNH沒有義務繼續追求這一點處分計劃，它可以選擇放棄對這種處分的追求隨時做好計劃。如果SNH沒有完成其處置計劃，其信用評級可能會受到不利影響，可能僅限於追求其商業戰略。-本新聞稿稱，SNH預計將使用來自今日宣佈出售物業以償還債務及作一般用途商業目的，包括潛在的收購。但是，SNH可能選擇將這些收益用於其他原因。此外，任何減少SNH的債務可能是由用這些債務償還其債務而產生的收益可能會被SNH可能發生的未來借款所抵消。--弗朗西斯女士在本新聞稿中討論了SNH可能帶來的某些好處從將活躍的成人社區添加到其投資組合中獲得。然而，這些好處可能不會像預期的那樣實現，或者根本不會實現。--本新聞稿稱，SNH有權延長到期日新定期貸款的日期延長6個月，但須滿足以下條件某些條件，包括支付延期費用。然而，可能不符合適用條件。此外，項目下的實際成本新的定期貸款將高於倫敦銀行同業拆借利率加溢價，因為與此類債務相關的費用和開支。
The information contained in SNH's filings with the Securities and Exchange Commission, or SEC, including under "Risk Factors" in SNH's periodic reports, or incorporated therein, identifies other important factors that could cause SNH's actual results to differ materially from those stated in or implied by SNH's forward-looking statements. SNH's filings with the SEC are available on the SEC's website at www.sec.gov.
SNH公司提交給美國證券交易委員會(SEC)的文件中包含的信息，包括SNH公司定期報告中的“風險因素”項下或納入其中的信息，確定了可能導致SNH公司的實際結果與SNH公司的前瞻性陳述中陳述或暗示的結果大不相同的其他重要因素。SNH向證券交易委員會提交的文件可在證券交易委員會網站www.sec.gov上查閲。
You should not place undue reliance upon forward-looking statements.
你不應該過分依賴前瞻性陳述。
Except as required by law, SNH does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.
除非法律另有要求，否則SNH不打算因新信息、未來事件或其他原因而更新或改變任何前瞻性陳述。
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
一家馬里蘭州房地產投資信託基金，擁有在納斯達克上市的實益可轉讓股份。
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
任何股東、受託人或高級職員均不對信託的任何行為或義務承擔個人責任。
View source version on businesswire.com: https://www.businesswire.com/news/home/20191230005079/en/
在business wire.com上查看源代碼版本：https://www.businesswire.com/news/home/20191230005079/en/
CONTACT: Michael Kodesch, Director, Investor Relations
聯繫人：投資者關係部總監邁克爾·科德施(Michael Kodesch)
(617) 796-8234
(617) 796-8234
www.snhreit.com
Www.snhreit.com
(END) Dow Jones Newswires
(完)道瓊通訊社
December 30, 2019 08:00 ET (13:00 GMT)
2019年12月30日東部時間08：00(格林尼治標準時間13：00)
*DJ Senior Housing Properties Trust Announces Business Updates
*DJ高級住房物業信託公司宣佈業務更新
(MORE TO FOLLOW) Dow Jones Newswires (212-416-2800)
(更多信息)道瓊斯通訊社(212-416-2800)
December 30, 2019 08:00 ET (13:00 GMT)
2019年12月30日東部時間08：00(格林尼治標準時間13：00)
Copyright (c) 2019 Dow Jones & Company, Inc.
版權所有(C)2019年道瓊斯公司。
譯文內容由第三人軟體翻譯。