Welltower to price notes due 2028 via three bookrunners

By Devika Patel

Knoxville, Tenn., April 3 – Welltower Inc. intends to offer notes due 2028, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call until 90 days prior to maturity and then a par call.

BofA Merrill Lynch, Deutsche Bank Securities Inc. and MUFG are the joint bookrunners.

Proceeds will be used to repay advances under the company’s primary unsecured credit facility and for general corporate purposes.

The Toledo, Ohio-based real estate investment trust invests in senior housing and health care real estate.

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