Welltower conducts single-tranche offering of fixed-rate notes

Chicago, Nov. 16 – Welltower Inc. is selling a dollar-denominated offering of fixed-rate notes in a single tranche, according to a 424B5 filing with the Securities and Exchange Commission.

The notes will have an optional redemption with a make-whole call until a point in time when the notes will be freely callable at par.

Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and Mizuho Securities USA LLC are the joint bookrunners.

Gibson, Dunn & Crutcher LLP is advising Welltower. Sidley Austin LLP is working as counsel to the underwriters.

Bank of New York Mellon Trust Co., NA is the trustee.

Proceeds will be used for general corporate purposes, including repayment of debt and investing in health care and senior housing properties.

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

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