Ventas (VTR) Prices $500M Notes Offering
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Ventas Announces Pricing of Senior Notes Offering
May 8, 2024 4:27 PM EDTCHICAGO--(BUSINESS WIRE)-- Ventas, Inc. (NYSE: VTR) (Ventas or the Company) announced today that its wholly owned subsidiary, Ventas Realty, Limited Partnership (Ventas Realty), has priced an underwritten public offering of $500 million aggregate principal amount of 5.625% Senior Notes due 2034 (the Notes) at an issue price equal to 98.750% of the principal amount of the Notes. The Notes will be senior unsecured obligations of Ventas Realty and will be fully and unconditionally guaranteed by the Company and will mature on July 1, 2034. The sale of the Notes is expected to close on May 13, 2024, subject to the satisfaction of customary closing... More
