HCP Announces Proposed Senior Unsecured Notes Offering; No Amount Given

HCP

announced that it has commenced a public offering of senior unsecured notes pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. HCP anticipates that the net proceeds of this offering will be used to repay borrowings under HCP's revolving credit facility and for general corporate purposes. Citigroup, RBS and UBS Investment Bank will act as joint book-running managers for the offering.