Cravath represented the underwriters, led by Jefferies, BofA Merrill Lynch, and Citigroup, in connection with the US$125 million series A cumulative redeemable perpetual preferred shares of Sabra Health Care REIT, Inc., a real estate investment trust that owns and invests in real estate serving the healthcare industry. The transaction closed on March 21, 2013.
The Cravath team included partner William J. Whelan III and associates Sarah Kahn Sellers and A. Rebecca Hurt on corporate matters; partner Andrew W. Needham and associates Rachel H. Kiwi and Jay S. Gill on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters.
