Sabra Health Care REIT’s $400 Million Common Stock Offerings

Cravath represented the sales agents in connection with the establishment of a program for at‑the‑market offerings of shares of common stock totaling up to $400 million of Sabra Health Care REIT, Inc. Venable served as Maryland counsel to Sabra Health Care REIT, Inc.

Sabra Health Care REIT issued up to $400,000,000 aggregate gross proceeds of shares of the Company’s common stock, par value $0.01 per share. The transaction closed on December 11, 2019.

Barclays Capital Inc., BMO Capital Markets Corp., BofA Securities, Inc., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Fifth Third Securities, Inc., The Huntington Investment Company, Jefferies LLC, KeyBanc Capital Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., Raymond James & Associates, Inc., RBC Capital Markets, LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., Stifel, Nicolaus & Company, Incorporated, SunTrust Robinson Humphrey, Inc. and Wells Fargo Securities, LLC acted as agent in the offering.

Sabra Health Care REIT, Inc. is a self-administered, self-managed REIT that owns and invests in real estate serving the health care industry.

The Cravath team included partner Sasha Rosenthal-Larrea (Picture) and associate Eugene Kim on securities matters, and associate Leon B. Dalezman on tax matters. Zachary J. Amron also worked on securities matters and Kyle R. Jorstad also worked on tax matters.

Involved fees earner: Leon Dalezman – Cravath Swaine & Moore; Eugene Kim – Cravath Swaine & Moore; Sasha Rosenthal-Larrea – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Bank of America Securities; Barclays Capital ; BMO Capital Markets; Citigroup Global Markets Ltd; Credit Agricole Securities (USA) Inc.; Fifth Third Securities, Inc.; Huntington Investment Company; Jefferies; KeyBanc Capital Markets; Mizuho Securities; Morgan Stanley; MUFG Securities Americas Inc. ; Raymond James & Associates, Inc.; RBC Capital Markets; Scotia Capital Inc.; SMBC Nikko Securities America; Stifel, Nicolaus & Company, Incorporated; SunTrust Robinson Humphrey, Inc.; Wells Fargo Securities;