Firm Represents Ventas in $850 Million Notes Offering

September 27, 2013

Leading healthcare Real Estate Investment Trust (REIT) Ventas, Inc. closes on public offering of two series of senior notes.

On September 26, Willkie client Ventas, Inc. closed on its public offering of $550 million aggregate principal amount of 1.55% Senior Notes due 2016 and $300 million aggregate principal amount of 5.70% Senior Notes due 2043. The Notes were issued by the company’s operating partnership, Ventas Realty, Limited Partnership. Louisville, Ky.-based Ventas has a diverse portfolio of more than 1400 assets in 47 states (including the District of Columbia) and two Canadian provinces, consisting of seniors housing communities, skilled nursing facilities, hospitals, medical office buildings and other properties. In 2012, Willkie advised Ventas in several notes offering with a combined value of $1.8 billion.

The current deal was handled by partners David Boston and Leslie Mazza and associates Darlyn Heckman and David Marley.