---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-008679"
form_type: "8-K"
ticker: "VTR"
cik: "0000740260"
company_name: "Ventas, Inc."
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T04:24:25.286819+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ventas Realty prices $750M 3.75% exchangeable notes due 2026, upsized from $500M

## Summary
- Principal $750M at 3.75% interest, mature June 1, 2026; exchangeable at $54.81/share (22.5% premium to $44.74 close).
- Upsized from initial $500M; initial purchasers granted 13-day option for additional $112.5M.
- Net proceeds ~$734M to repay commercial paper and for general corporate purposes, including debt repayment.
- Sale expected to close June 13, 2023; notes are senior unsecured, fully guaranteed by Ventas.

## SEC filing metadata
- accession: 0000950103-23-008679
- form_type: 8-K
- ticker: VTR
- cik: 0000740260
- company_name: Ventas, Inc.
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740260/000095010323008679/0000950103-23-008679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740260/000095010323008679/dp195146_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-008679
- JSON: https://secwatch.observer/filing/0000950103-23-008679.json
- Plain text: https://secwatch.observer/filing/0000950103-23-008679.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.