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Capital Offering Profile

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 (NYSE - LTC)  
Company NameLTC Properties, Inc.
Offering TypeFollow-On
DescriptionCommon Stock
ISINUS5021751020
Currency of IssueUSD
Trading Symbol (Exchange)LTC (NYSE)

Announcement Date5/2/2013
Trade Date5/3/2013
Settlement Date5/8/2013
Completion Date5/3/2013
Overallotment Expiration6/7/2013
Lock-up Expiration6/17/2013
Date Overallotment Exercised6/17/2013
Shelf Filing Date6/10/2010

144a?No
Mandatory Redemption?No
Convertible?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from the offering will be used to pay down amounts outstanding under unsecured line of credit, to fund acquisitions and current development pipeline and for general corporate purposes.

UnderwritersShares
Underwritten
Amount
Underwritten
($000)
Book Manager(s)
  KeyBanc Capital Markets Inc.875,00038,938
  Wells Fargo Securities, LLC875,00038,938
  BMO Capital Markets Corp.700,00031,150
  RBC Capital Markets, LLC700,00031,150
Co-Manager(s)
  Sandler O'Neill & Partners, L.P.84,0003,738
  CSCA Capital Advisors, LLC66,5002,959
  J.J.B. Hilliard, W.L. Lyons, LLC66,5002,959
  JMP Securities LLC66,5002,959
  Sidoti & Company, LLC66,5002,959

Pricing
Offer Price ($)44.50
Gross Amount Offered ($000)155,750
Amount Including Overallotment ($000)179,113
Shares Offered3,500,000
Total Shares Offered4,025,000
Original Shelf Value ($000)398,942

Professionals
Issuer's CounselReed Smith LLP
Underwriter's CounselGoodwin Procter, LLP
Auditor(s)Ernst & Young LLP
Clearing House(s)Depository Trust Company


Underwriting Fees
Gross Spread ($)1.89
Gross Spread (%)4.25
Sales Concession ($)1.13

Overallotments
Overallotment Amount Available ($000)23,363
Overallotment Shares Available525,000
Overallotment Amount Exercised ($000)23,363
Overallotment Shares Exercised525,000

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