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Ventas Realty intends to conduct offering of guaranteed senior notes
By Devika Patel
Knoxville, Tenn., March 30 – Ventas Realty, LP is expected to price an offering of guaranteed senior notes, according to a 424B5 filing with the Securities and Exchange Commission.
The notes have a make-whole call and are then redeemable at par.
The bookrunners are BofA Securities, Inc. and Wells Fargo Securities LLC.
The notes are guaranteed by Ventas, Inc.
Proceeds will be used for working capital and other general corporate purposes, including debt repayment.
The real estate investment trust for housing and health care properties is based in Chicago.
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