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Published on 4/2/2013 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P: Ventas view positive

Standard & Poor's said it revised its outlook on Ventas Inc. to positive from stable.

At the same time, S&P affirmed its BBB corporate credit on the company as well as its senior unsecured debt ratings. The affirmations affect roughly $4 billion of rated senior notes.

"Our ratings on Ventas reflect the company's satisfactory business risk profile, which is supported by the REIT's large and diverse portfolio of health care facilities, which we believe should be stable benefiting from supportive fundamentals, good rent coverage (for triple-net leases) and long-term leases," S&P credit analyst George Skoufis said in a news release.


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