Fitch affirms Ventas

Fitch Ratings said it affirmed the following credit ratings of Ventas, Inc.: issuer default rating at BBB-, $850 million unsecured credit facility at BBB-, $230 million convertible unsecured notes at BBB- and $1,311,038,000 senior unsecured notes at BBB-.

In addition, the outlook is revised to positive from stable, Fitch noted.

The agency added that the rating affirmations center on the value of the company's health care real estate enterprise and the balanced cash flows derived from its long-term triple-net leased health care properties and granular seniors housing and medical office properties across the United States and Canada.

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