{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-070860","form_type":"8-K","ticker":"VTR","cik":"0000740260","company_name":"Ventas, Inc.","filed_at":"2023-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.125496+00:00","generated_at":"2026-06-14T02:26:03.523609+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Ventas issues $862.5M 3.75% exchangeable notes due 2026, net proceeds ~$844M","bullets":["$862.5M aggregate principal of 3.75% exchangeable notes due June 1, 2026.","Initial exchange rate: 18.2460 shares per $1,000 principal ($54.81/share), 22.5% premium to $44.74 close.","Net proceeds ~$844M from offering; proceeds to repay commercial paper and for general corporate purposes.","Notes are senior unsecured obligations of Ventas Realty LP, fully guaranteed by Ventas, Inc. (VTR).","Holders can require repurchase at 100% principal plus accrued interest upon a fundamental change."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-070860","json":"https://secwatch.observer/filing/0001104659-23-070860.json","markdown":"https://secwatch.observer/filing/0001104659-23-070860.md","text":"https://secwatch.observer/filing/0001104659-23-070860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/740260/000110465923070860/0001104659-23-070860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/740260/000110465923070860/tm2318553d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T02:26:03.523609+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"735bac41b9d4907c52a5c0635ec5193a0d1ed3d0","claim":"Ventas, Inc. incurred convertible notes of $862.5 million aggregate principal amount with J.P. Morgan Securities LLC, BofA Securities, Inc. and Morgan Stanley & Co. LLC, as representatives of the several initial purchasers at 3.75% per year maturing June 1, 2026.","evidence_excerpt":"On June 13, 2023, Ventas Realty, Limited Partnership (the “Issuer”), a wholly owned subsidiary of Ventas, Inc. (the “Guarantor”), issued $862.5 million aggregate principal amount of 3.75% Exchangeable Senior Notes due 2026","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/740260/000110465923070860/0001104659-23-070860-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$862.5 million aggregate principal amount"},{"label":"Counterparty","value":"J.P. Morgan Securities LLC, BofA Securities, Inc. and Morgan Stanley & Co. LLC, as representatives of the several initial purchasers"},{"label":"Rate","value":"3.75% per year"},{"label":"Maturity","value":"June 1, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}