Pricing Supplement dated July 24, 1997 Rule 424(b)(3)
(To Prospectus dated January 30, 1996 and File No. 33-65423
Prospectus Supplement dated January 30, 1996)
NATIONWIDE HEALTH PROPERTIES, INC.
Medium-Term Note, Series B - Fixed Rate
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Face Amount: $25,000,000 Trade Date: July 23, 1997
Issue Price: 100% Original Issue Date: July 28, 1997
Interest Rate: 6.65% Net Proceeds to Issuer: $24,875,000
Interest Payment Dates: April 1, October 1 Agent's Commission: .50%
Regular Record Dates: March 17, September 16 Name of Agent: Merrill Lynch & Co.
Stated Maturity Date: July 29, 2002 Agent acting in the capacity
Denominations (if other than indicated below:
$1000 and integral multiples [ ] As Agent
thereof): _______________ [X] As Principal
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Day Count Convention:
[X] 30/360 for the period fromJULY 28, 1997 to July 29, 2002
[ ] Actual/360 for the period from to
[ ] Actual/Actual for the period from to
[ ] Other (see attached) to
Redemption:
[X] The Notes cannot be redeemed prior to the Stated Maturity Date.
[ ] The Notes may be redeemed prior to Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage: %
Annual Redemption Percentage Reduction: % until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
[X] The Notes cannot be repaid prior to the Stated Maturity Date.
[ ] The Notes can be repaid prior to the Stated Maturity Date at the
option of the holder of the Notes.
Optional Repayment Date(s):
Repayment Price: %
Original Issue Discount:[ ] Yes [X] No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: [X] Book-entry [ ] Certificated
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GOLDMAN, SACHS & CO. MERRILL LYNCH & CO.
