07 May Community Healthcare Trust, Inc. Announces Commencement of Initial Public Offering of Common Stock

PR Newswire
NASHVILLE, Tenn.

NASHVILLE, Tenn., May 7, 2015 /PRNewswire/ — Community Healthcare Trust, Inc. (the “Company”) announced today that it has commenced an initial public offering of 6,250,000 shares of its common stock. The estimated price range of the common stock is between $19.00 and $21.00 per share. The Company expects to grant the underwriters an option to purchase up to an additional 937,500 shares of common stock at the initial public offering price to cover over-allotments, if any. The Company has applied to list its common stock on the NYSE under the symbol “CHCT.”

The Company intends to use the net proceeds from the offering to acquire pending acquisitions and for general corporate and working capital purposes.

Sandler O’Neill + Partners, L.P., Evercore Group L.L.C., and SunTrust Robinson Humphrey, Inc., are acting as joint book-runners of the offering, and Janney Montgomery Scott LLC, Oppenheimer & Co. Inc., and BB&T Capital Markets, a division of BB&T Securities, LLC are acting as co-lead managers.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus can be obtained from Sandler O’Neill + Partners, L.P. at 1251 Avenue of the Americas, 6(th) Flr., New York, New York 10020, Attention: Prospectus Department, or by calling toll-free 1-866-805-4128, or by email at syndicate@sandleroneil.com.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Community Healthcare Trust, Inc.

Community Healthcare Trust, Inc. is a fully-integrated healthcare real estate company that was recently organized as a Maryland corporation to acquire and own properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in Non-Urban markets.

CONTACT: W. Page Barnes, CFO, Community Healthcare Trust, Inc., +1-615-771-3052,pbarnes@communityhealthcaretrust.com

SOURCE Community Healthcare Trust, Inc.

SOURCE: Community Healthcare Trust, Inc.

Community Healthcare Trust, Inc. Announces Commencement of Initial Public Offering of Common Stock

PR Newswire

NASHVILLE, Tenn., May 7, 2015 /PRNewswire/ — Community Healthcare Trust, Inc. (the “Company”) announced today that it has commenced an initial public offering of 6,250,000 shares of its common stock. The estimated price range of the common stock is between $19.00 and $21.00 per share. The Company expects to grant the underwriters an option to purchase up to an additional 937,500 shares of common stock at the initial public offering price to cover over-allotments, if any. The Company has applied to list its common stock on the NYSE under the symbol “CHCT.”

The Company intends to use the net proceeds from the offering to acquire pending acquisitions and for general corporate and working capital purposes.

Sandler O’Neill + Partners, L.P., Evercore Group L.L.C., and SunTrust Robinson Humphrey, Inc., are acting as joint book-runners of the offering, and Janney Montgomery Scott LLC, Oppenheimer & Co. Inc., and BB&T Capital Markets, a division of BB&T Securities, LLC are acting as co-lead managers.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus can be obtained from Sandler O’Neill + Partners, L.P. at 1251 Avenue of the Americas, 6th Flr., New York, New York 10020, Attention: Prospectus Department, or by calling toll-free 1-866-805-4128, or by email at syndicate@sandleroneil.com.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Community Healthcare Trust, Inc.

Community Healthcare Trust, Inc. is a fully-integrated healthcare real estate company that was recently organized as a Maryland corporation to acquire and own properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in Non-Urban markets.

CONTACT:  W. Page Barnes, CFO, Community Healthcare Trust, Inc., +1-615-771-3052,pbarnes@communityhealthcaretrust.com

 

SOURCE Community Healthcare Trust, Inc.

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