Welltower (WELL) Announces Upsizing and Maturity Extension of $5.0 Billion Senior Unsecured Line of Credit
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Welltower Announces Upsizing and Maturity Extension of $5.0 Billion Senior Unsecured Line of Credit
July 29, 2024 4:41 PM EDTTOLEDO, Ohio, July 29, 2024 /PRNewswire/ -- Welltower® Inc. (NYSE: WELL) (the "Company" or "Welltower") today announced that it has closed on an amended $5.0 billion senior unsecured revolving line of credit ("Revolving Facility"). Through the Amendment, the Company will bolster its already strong liquidity position and extend its well-staggered debt maturity profile, while also achieving improved pricing. The closing of the Revolving Facility follows recent revisions to the Company's credit rating outlook to positive from stable by both S&P Global and Moody's, both of which cited... More
