Ventas to partially repay revolver with $125 million note offering proceeds

Pittsburgh, Oct. 8 - Ventas Inc. intends to use proceeds from its offering of $125 million of senior notes due 2014 to repay a portion of the borrowings under its revolving credit facility, according to a company news release.

The notes will be issued by Ventas' operating partnership, Ventas Realty LP and wholly owned subsidiary Ventas Capital Corp., the release said.

Ventas is a Louisville, Ky., healthcare real estate investment trust that owns healthcare and senior housing assets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.