S&P upgrades Ventas

Standard & Poor's said it raised its ratings on Ventas Inc., including the corporate credit rating, which it raised to BBB from BBB-. The outlook is stable.

"The upgrades reflect our view that Ventas' investment platform has sufficient scale and diversity to deliver consistent growth in FFO despite regulatory uncertainty surrounding the delivery and reimbursement of health care, and our expectations for weak economic growth over the next one to two years," said S&P credit analyst Susan Madison in a news release.

The agency said the stable outlook reflects its expectation that Ventas will continue to finance acquisitions with sufficient equity to maintain an intermediate financial risk profile.

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