Ventas acquired $385.6 million of senior notes in second quarter

By Jennifer Chiou

New York, July 30 - Ventas, Inc. announced that during the second quarter of 2009, it repaid or purchased in open-market transactions or by cash tender offers $385.6 million total of its senior notes.

The acquired securities included $49.8 million of senior notes due 2009, $100.7 million of senior notes due 2010, $104.4 million of senior notes due 2012, $103.4 million of senior notes due 2014 and $27.3 million of senior notes due 2015.

Ventas added that it recognized a net loss on extinguishment of debt of about $6 million in the second quarter.

Ventas is a health care real estate investment trust based in Chicago.

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