Ventas to draw on revolver to help repay CMBS loan

By Sara Rosenberg

New York, Dec. 6 - Ventas Inc. plans to use borrowings under its existing revolving credit facility, along with proceeds from a $125 million offering of 6 ½% senior notes, to repay all outstanding debt under its commercial mortgage backed securities loan, according to a company news release.

Ventas is a Louisville, Ky.-based health care real estate investment trust.

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