April 2, 2010 (FinancialWire) — Omega Healthcare Investors, Inc. (NYSE: OHI) said it has agreed to sell shares of its common stock having an aggregate offering price of $33.3 million pursuant to a terms agreement entered into under the equity distribution agreement, dated June 12, 2009, between the company and BofA Merrill Lynch in connection with the company’s previously reported $100 million Equity Shelf Program.

The company plans to use the net proceeds of this offering for working capital and general corporate purposes.

Closing of the sale of the remaining shares under the Equity Shelf Program is scheduled to occur on or about Tuesday, April 6, 2010, subject to customary closing conditions.

Maryland-based Omega Healthcare is a real estate investment trust investing in and providing financing to the long-term care industry.

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