Nationwide Health Sets Big Note Sale to Cover Expenses

Nationwide Health Properties Inc., an investor in more than 300 nursing homes and other health-care facilities, plans to sell $500 million worth of notes maturing in nine months to 30 years. The Newport Beach-based real estate investment trust plans to raise $496.3 million to $499.4 million, after expenses, for debt repayment and other general purposes, according to a registration statement filed Friday with the Securities and Exchange Commission.