UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
June 22, 2012 (June 18, 2012)
Date of Report (Date of earliest event reported)
HCP, INC.
(Exact Name of Registrant as Specified in its Charter)
Maryland |
| 001-08895 |
| 33-0091377 |
(State of Incorporation) |
| (Commission File Number) |
| (IRS Employer |
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| Identification Number) |
3760 Kilroy Airport Way
Suite 300
Long Beach, California 90806
(Address of principal executive offices) (Zip Code)
(562) 733-5100
(Registrant’s telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On June 18, 2012, HCP, Inc., a Maryland corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc. (the “Underwriter”) relating to the issuance and sale pursuant to an underwritten public offering (the “Offering”) of 7,800,000 shares of the Company’s common stock (the “Shares”). The Underwriter also has an option to purchase up to 1,170,000 additional shares of common stock, exercisable within 30 days after the date of the Underwriting Agreement. The proceeds of the Offering, before expenses, will be approximately $326.7 million. The Company intends to use the proceeds from the Offering to repay indebtedness, including $250 million aggregate principal amount of the Company's outstanding 6.45% Senior Notes at maturity on June 25, 2012, and to use the remaining proceeds for general corporate purposes that may include the funding of future acquisitions or investments.
The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement, which is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The press release announcing the Offering is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are being filed herewith:
No. |
| Description |
1.1 |
| Underwriting Agreement between the Company and Citigroup Global Markets Inc., dated June 18, 2012. |
5.1 |
| Opinion of Ballard Spahr LLP regarding the legality of the shares in the Offering. |
8.1 |
| Opinion of Skadden, Arps, Slate, Meagher & Flom LLP regarding certain tax matters. |
23.1 |
| Consent of Ballard Spahr LLP (included in Exhibit 5.1). |
23.2 |
| Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included in Exhibit 8.1). |
99.1 |
| Text of the Press Release, dated June 18, 2012 (regarding the Offering). |
99.2 |
| Information relating to Item 14 of the Registration Statement on Form S-3 (333-161721). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 22, 2012
| HCP, Inc. | |
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| By: | /s/ Timothy M. Schoen |
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| Timothy M. Schoen, |
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| Executive Vice President - |
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| Chief Financial Officer |
EXHIBIT INDEX
No. |
| Description |
1.1 |
| Underwriting Agreement between the Company and Citigroup Global Markets Inc., dated June 18, 2012. |
5.1 |
| Opinion of Ballard Spahr LLP regarding the legality of the shares in the Offering. |
8.1 |
| Opinion of Skadden, Arps, Slate, Meagher & Flom LLP regarding certain tax matters. |
23.1 |
| Consent of Ballard Spahr LLP (included in Exhibit 5.1). |
23.2 |
| Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included in Exhibit 8.1). |
99.1 |
| Text of the Press Release, dated June 18, 2012 (regarding the Offering). |
99.2 |
| Information relating to Item 14 of the Registration Statement on Form S-3 (333-161721). |
