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Published on 6/8/2016 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Ventas calls remaining 1.55% notes due 2016 following tender

New York, June 8 – Ventas, Inc. will redeem the remaining $94.53 million of the 1.55% senior notes due Sept. 26, 2016 issued by Ventas Realty, LP.

The notes will be repaid at 100.237% of par plus accrued interest on July 7, according to a notice.

Ventas previously bought back $453,531,000 of the notes in a tender offer that ended on June 1.

The tender price was $1,003.55 per $1,000 principal amount of the notes plus accrued interest.

Ventas is a Chicago-based real estate investment trust with a portfolio of 1,300 assets in the United States, Canada and the United Kingdom that includes senior housing communities, medical office buildings, skilled nursing facilities, specialty hospitals and general acute care hospitals.


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