Ventas units tender for $500 million of 2.7% senior notes due 2020

Chicago, June 24 – Ventas, Inc. announced wholly owned subsidiaries Ventas Realty, LP and Ventas Capital Corp. have started a cash tender offer for their $500 million of 2.7% senior notes due 2020, according to a press release.

The tender offer price will be $1,003.73 for each $1,000 principal amount plus accrued interest up to but excluding the payment date of July 3.

The tender offer will end at 5 p.m. ET on June 28.

Tendered notes may be withdrawn at any time before the offer ends.

The tender includes a condition that the issuers receive proceeds of at least $400 million from an offering of new senior notes.

BofA Securities, Inc. (980 387-3907 or 888 292-0070) is the dealer manager. D.F. King & Co., Inc. (212 269-5550, 888 515-4479 or ventas@dfking.com) is the information agent.

Ventas is a real estate investment trust for housing and health care properties and is based in Chicago.

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