0001104659-12-049591.txt : 20120718 0001104659-12-049591.hdr.sgml : 20120718 20120718161642 ACCESSION NUMBER: 0001104659-12-049591 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120718 DATE AS OF CHANGE: 20120718 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HCP, INC. CENTRAL INDEX KEY: 0000765880 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 330091377 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-161721 FILM NUMBER: 12968064 BUSINESS ADDRESS: STREET 1: 3760 KILROY AIRPORT WAY STREET 2: SUITE 300 CITY: LONG BEACH STATE: CA ZIP: 90806 BUSINESS PHONE: 562-733-5100 MAIL ADDRESS: STREET 1: 3760 KILROY AIRPORT WAY STREET 2: SUITE 300 CITY: LONG BEACH STATE: CA ZIP: 90806 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH CARE PROPERTY INVESTORS INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HCP, INC. CENTRAL INDEX KEY: 0000765880 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 330091377 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 3760 KILROY AIRPORT WAY STREET 2: SUITE 300 CITY: LONG BEACH STATE: CA ZIP: 90806 BUSINESS PHONE: 562-733-5100 MAIL ADDRESS: STREET 1: 3760 KILROY AIRPORT WAY STREET 2: SUITE 300 CITY: LONG BEACH STATE: CA ZIP: 90806 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH CARE PROPERTY INVESTORS INC DATE OF NAME CHANGE: 19920703 FWP 1 a12-16445_3fwp.htm FWP

 

Issuer Free Writing Prospectus, dated July 18, 2012
Filed Pursuant to Rule 433 under the Securities Act of 1933
Supplementing the Preliminary Prospectus Supplement dated July 18, 2012
Registration Statement No. 333-161721

 

GRAPHIC

 

Final Pricing Term Sheet

 

Issuer:

 

HCP, Inc.

Title of Securities:

 

3.15% Senior Notes due 2022

Anticipated Ratings:*

 

Baa2/BBB/BBB+ (Moody’s/S&P/Fitch)

Size:

 

$300,000,000

Maturity Date:

 

August 1, 2022

Interest Payment Dates:

 

February 1 and August 1, commencing February 1, 2013

Trade Date:

 

July 18, 2012

Settlement Date:

 

July 23, 2012 (T+3)

Benchmark Treasury:

 

1.75% due May 15, 2022

Benchmark Treasury Price/Yield:

 

102-14+ / 1.481%

Spread to Benchmark Treasury:

 

+ 180 basis points

Yield to Maturity:

 

3.281%

Coupon:

 

3.15% per year accruing from July 23, 2012

Price to Public:

 

98.888%, plus accrued interest, if any

Make-whole call:

 

+ 30 basis points; however, at par on and after 90 days preceding the maturity date

Joint Book-Running Managers:

 

Goldman, Sachs & Co.
J.P. Morgan Securities LLC
Wells Fargo Securities, LLC

Co-Managers:

 

Credit Agricole Securities (USA) Inc.
KeyBanc Capital Markets Inc.
RBC Capital Markets, LLC

CUSIP / ISIN:

 

40414L AG4 / US40414LAG41

 

* A securities rating is not a recommendation to buy, sell or hold securities is subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a preliminary prospectus supplement and a prospectus) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates.  Before you invest, you should read the preliminary prospectus supplement and prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by calling Goldman, Sachs & Co. toll-free at (866) 471-2526 or J.P. Morgan Securities LLC collect at (212) 834-4533 or Wells Fargo Securities, LLC toll-free at (800) 326-5897.

 

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