Ventas Inc., a health care real estate investment trust based in Louisville, Ky., has priced a public offering of $225 million of 6-3/4% senior notes issued by its operating partnership, Ventas Realty LP, and a wholly owned subsidiary, Ventas Capital Corp.The senior unsecured notes, due 2017, were priced at 99.375, Ventas reported. The company said it plans to use the net proceeds of the offering to fund a portion of the cash purchase price of a previously announced transaction with Senior Care. The REIT can be found online at http://www.ventasreit.com.
Ventas Prices $225M Note Offering
September 13, 2006, 2:00 p.m. EDT 1 Min Read
