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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 Date8/1/2016
Shelf Filing Date1/29/2016

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

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

UnderwritersShares
Underwritten
Amount
Underwritten
($000)
Agent(s)
  Cantor Fitzgerald & Co.--
  Crédit Agricole Securities (USA) Inc.--
  JMP Securities LLC--
  Mizuho Securities USA LLC--

Pricing
Gross Amount Offered ($000)184,139
Amount Including Overallotment ($000)184,139

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


Underwriting Fees
Gross Spread (%)2.00

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