Skilled Healthcare Sets IPO Terms

Skilled Healthcare Group Inc., a Foothill Ranch, Calif.-based provider of nursing facilities and rehabilitation therapy centers, has set its IPO terms to around 16.67 million shares being offered at between $14 and $16 per share. It plans to trade on the NYSE under ticker symbol SKH, with Credit Suisse serving as lead underwriter. Onex Partners bought the company from Heritage Partners in 2005 for around $640 million.