<SEC-DOCUMENT>0001104659-25-058173.txt : 20250610
<SEC-HEADER>0001104659-25-058173.hdr.sgml : 20250610
<ACCEPTANCE-DATETIME>20250610163100
ACCESSION NUMBER:		0001104659-25-058173
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250610
DATE AS OF CHANGE:		20250610

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OMEGA HEALTHCARE INVESTORS INC
		CENTRAL INDEX KEY:			0000888491
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				383041398
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-282376
		FILM NUMBER:		251037555

	BUSINESS ADDRESS:	
		STREET 1:		303 INTERNATIONAL CIRCLE,
		STREET 2:		SUITE 200
		CITY:			HUNT VALLEY
		STATE:			MD
		ZIP:			21030
		BUSINESS PHONE:		410-427-1700

	MAIL ADDRESS:	
		STREET 1:		303 INTERNATIONAL CIRCLE,
		STREET 2:		SUITE 200
		CITY:			HUNT VALLEY
		STATE:			MD
		ZIP:			21030

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OMEGA HEALTHCARE INVESTORS INC
		CENTRAL INDEX KEY:			0000888491
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				383041398
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		303 INTERNATIONAL CIRCLE,
		STREET 2:		SUITE 200
		CITY:			HUNT VALLEY
		STATE:			MD
		ZIP:			21030
		BUSINESS PHONE:		410-427-1700

	MAIL ADDRESS:	
		STREET 1:		303 INTERNATIONAL CIRCLE,
		STREET 2:		SUITE 200
		CITY:			HUNT VALLEY
		STATE:			MD
		ZIP:			21030
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>tm2517623d2_fwp.htm
<DESCRIPTION>FWP
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Issuer Free Writing Prospectus, dated June 10,
2025<BR>
Filed Pursuant to Rule 433 under the Securities Act of 1933<BR>
Supplementing the Preliminary Prospectus Supplement<BR>
dated June 10, 2025<BR>
Registration Statement No. 333-282376</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Omega Healthcare Investors, Inc.<BR>
$600,000,000<BR>
5.200% Senior Notes due 2030<BR>
June 10, 2025</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 43%; padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Issuer:</B></FONT></TD>
    <TD STYLE="width: 57%; padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Omega Healthcare Investors, Inc.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Guarantees:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The notes will be fully and unconditionally guaranteed, jointly and
    severally, by the Issuer&rsquo;s existing and future subsidiaries that guarantee unsecured indebtedness for money borrowed of the Issuer
    in a principal amount at least equal to $50 million (including the Issuer&rsquo;s existing senior notes, unsecured revolving credit facility
    and unsecured term loans).</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Expected Ratings*:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Baa3 (Moody&rsquo;s) / BBB- (S&amp;P) / BBB- (Fitch)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Title of Securities:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.200% Senior Notes due 2030</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Aggregate Principal Amount:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">$600,000,000</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Trade Date:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">June 10, 2025</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Settlement Date:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">June 20, 2025 (T +7)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Final Maturity Date:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">July 1, 2030</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Issue Price to Public:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">99.118% plus accrued interest, if any, from June 20, 2025</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Gross Proceeds to Issuer:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">$594,708,000</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Coupon:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.200%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Yield to Maturity:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.402%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Benchmark Treasury:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">UST 4.000% due May 31, 2030</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Benchmark Treasury Yield:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.082%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Spread to Benchmark Treasury: </B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">+132 basis points</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Interest Payment Dates:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">January 1 and July 1, commencing January 1, 2026</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt; width: 43%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Record Dates:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt; width: 57%"><FONT STYLE="font-family: Times New Roman, Times, Serif">June 15 and December 15</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Optional Redemption</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Make-whole call @ T+20 bps</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Provisions:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Par call on or after June 1, 2030</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>CUSIP/ISIN Numbers:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">681936 BP4 / US681936BP48</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Use of Proceeds:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">The Issuer intends to use the proceeds of this offering for general corporate purposes, which may include repaying debt and future acquisition or investment opportunities and to pay certain fees and expenses related to this offering. Until the proceeds from a sale of securities by the Issuer are applied to their intended uses, they may be invested in short-term, investment grade, interest-bearing securities, certificates of deposit or indirect or guaranteed obligations of the United States.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 4.3pt 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Joint Book-Running Managers:</B></FONT></TD>
    <TD STYLE="padding: 4.3pt 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Wells Fargo Securities, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">BofA Securities, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Credit Agricole Securities (USA) Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">J.P. Morgan Securities LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Citizens JMP Securities, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Barclays Capital Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Huntington Securities, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">KeyBanc Capital Markets Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">M&amp;T Securities, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mizuho Securities USA LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Morgan Stanley &amp; Co. LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">MUFG Securities Americas Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">RBC Capital Markets, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regions Securities LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Scotia Capital (USA) Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Truist Securities, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 4.3pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Co-Managers:</B></FONT></TD>
    <TD STYLE="padding-top: 4.3pt; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">BMO Capital Markets Corp.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">BNP Paribas Securities Corp.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Raymond James &amp; Associates, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">SMBC Nikko Securities America, Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Stifel, Nicolaus &amp; Company, Inc.</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>*An explanation of the significance of ratings may be obtained from
the rating agencies. Generally, rating agencies base their ratings on such material and information, and such of their own investigations,
studies and assumptions, as they deem appropriate. The ratings of the notes should be evaluated independently from similar ratings of
other securities. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review,
revision, suspension, reduction or withdrawal at any time by the assigning rating agency.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>The issuer has filed a registration statement (including a preliminary
prospectus supplement and a prospectus) with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;) for the offering to which
this communication relates. Before you invest, you should read the preliminary prospectus supplement and prospectus in that registration
statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You
may get these documents for free by visiting EDGAR on the SEC&rsquo;s website at <U>www.sec.gov</U>. Alternatively, the issuer, any underwriter
or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by calling
Wells Fargo Securities, Inc. toll-free at 1-800-645-3751, BofA Securities, Inc. toll-free at 1-800-294-1322, Credit Agricole Securities
(USA) Inc. at 866-807-6030, or J.P. Morgan Securities LLC collect at 1-212-834-4533.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended,
trades in the secondary market generally are required to settle in one business day, unless the parties to such trade expressly agree
otherwise. Accordingly, purchasers who wish to trade the Notes prior to the first business day before their delivery will be required,
by virtue of the fact that the Notes initially will settle in seven business days (T+7), to specify alternative settlement arrangements
to prevent a failed settlement.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
