Deals 06/16/2020

Loop Capital Markets acted as co-manager on a $600 million senior unsecured bond offering for Welltower Inc.

On June 16, 2020, Loop Capital Markets acted as a co-manager on a one-tranche, $600 million, senior unsecured bond offering for Welltower Inc. The 10-year note is rated Baa1/BBB+.

Use of proceeds are earmarked for funding of tender offers and to repay advances under its unsecured term loan credit facility and, to the extent any proceeds remain, for general corporate purposes, including investing in health care and senior housing properties.