NORTHWEST HEALTHCARE PROPERTIES REIT ANNOUNCES INCREASE IN SIZE TO PREVIOUSLY ANNOUNCED BOUGHT DEAL PUBLIC OFFERING OF CONVERTIBLE DEBENTURES FROM $125 MILLION TO $135 MILLION TSX: NWH.UN |NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES | TORONTO , Aug. 17, 2022 |CNW| - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH ) ("NorthWest" or the "REIT") is pleased to announce that, due to strong demand, it has increased the size of its previously announced public offering, on a "bought deal" basis, of convertible unsecured subordinated debentures (the "Debentures") to $135 million . The Debentures are being offered to the public at a price of $1,000 per Debenture, with an interest rate of 6.25% per annum, payable semi-annually on the last date of August and February commencing on February 28, 2023 (the "Offering"). The Debentures will mature on August 31, 2027 . The Offering is being made through a syndicate of underwriters co-led by RBC Capital Markets and Scotiabank. The REIT has also granted the underwriters the option to purchase up to $20.25 million principal amount of additional Debentures at a price of $1,000 per Debenture to cover over-allotments, exercisable in whole or in part anytime up to 30 days following closing of the Offering.