April 23, 2012

Leading healthcare Real Estate Investment Trust (REIT) Ventas, Inc. prices offering of senior notes.

Willkie client Ventas, Inc., a leading healthcare Real Estate Investment Trust (REIT), recently announced that it has priced a public offering of $600 million aggregate principal amount of 4.00% Senior Notes due 2019 at 99.489% of principal amount. The notes are being issued by the company's operating partnership, Ventas Realty, Limited Partnership, and a wholly owned subsidiary, Ventas Capital Corporation. 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. Willkie recently advised Ventas on its $770 million acquisition of Cogdell Spencer Inc., which closed in April 2012, and on its $1.13 billion secondary offering in January 2012. The current deal was handled by partners David Boston and Leslie Mazza, and associates Theodore Neos and Adeline Park.