Deals 08/08/2019

Loop Capital Markets participates as a co‐manager on $1.2 billion senior unsecured notes offering of Welltower Inc.

On August 8th, 2019, Loop Capital Markets participated as a co‐manager on a two‐tranche, $1.2 billion senior unsecured notes offering of Welltower Inc. The notes are rated Baa1/BBB+ across 5 and 10‐year tenors.

Welltower intends to use the net proceeds to repay advances under the credit facility and unsecured commercial paper program, redeem all the 2021 notes and retire all or a portion of the 2022 notes, and for general corporate purposes, including investing in healthcare and senior housing properties.