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Capital Offering Profile

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

Announcement Date12/18/2014
Trade Date12/18/2014
Settlement Date12/23/2014
Completion Date12/18/2014
Shelf Filing Date7/19/2013

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

Use of Proceeds
The company intends to use the net proceeds to pay down amounts outstanding under its unsecured line of credit, to fund acquisitions and current development pipeline and for general corporate purposes.

UnderwritersShares
Underwritten
Amount
Underwritten
($000)
Placement Agent(s)
  KeyBanc Capital Markets Inc.600,00024,900

Pricing
Offer Price ($)41.50
Gross Amount Offered ($000)24,900
Amount Including Overallotment ($000)24,900
Shares Offered600,000
Total Shares Offered600,000
Original Shelf Value ($000)800,000

Professionals
Issuer's CounselBallard Spahr LLP
Reed Smith LLP
Auditor(s)Ernst & Young LLP


Underwriting Fees
Gross Spread ($)0.42
Gross Spread (%)1.01

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