National Health Investors (NHI) Misses Q3 EPS by 10c

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NHI Announces Third Quarter 2015 Results

November 5, 2015 5:45 AM EST

Normalized FFO per share up 15.2%; Normalized AFFO per share up 13.8%

MURFREESBORO, Tenn.--(BUSINESS WIRE)-- National Health Investors, Inc. (NYSE: NHI) announced today its Normalized Funds From Operations (FFO), its Normalized Adjusted Funds From Operations (AFFO), its Normalized Funds Available for Distribution (FAD) and net income attributable to common stockholders for the three months and nine months ended September 30, 2015.

Q3 Highlights

Announced $310 million in YTD acquisitions, construction commitments and loans Maintained low leverage balance sheet at 4.6x net debt-to-annualized EBITDA Portfolio lease coverage remains strong at 2.18x... More

NHI Announces $100 Million in Private Placement Notes

November 4, 2015 4:15 PM EST

MURFREESBORO, Tenn.--(BUSINESS WIRE)-- National Health Investors (NYSE: NHI) announced today it has issued $50,000,000 of 8-year notes with a coupon of 3.99% and $50,000,000 of 10-year notes with a coupon of 4.33% to a private placement lender. The notes are unsecured and require quarterly payments of interest only until maturity. The proceeds from the notes were used to pay down borrowings on NHIs revolving credit facility.

About National Health Investors

National Health Investors, Inc. (NYSE: NHI), a Maryland corporation incorporated and publicly listed in 1991, is a healthcare real estate... More