---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-100039"
form_type: "8-K"
ticker: "VTR"
cik: "0000740260"
company_name: "Ventas, Inc."
filed_at: "2023-09-12T23:59:59+00:00"
generated_at: "2026-06-10T21:31:18.647100+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ventas Realty enters $200M unsecured term loan, maturing Feb 2027

## Summary
- Ventas Realty, L.P. signed a $200 million unsecured term loan facility on Sept 6, 2023, with Bank of America as administrative agent.
- Borrowing capacity may be increased to up to $500 million at the borrower's option, subject to conditions.
- Loan matures Feb 1, 2027; interest at Term SOFR or base rate plus spread based on long-term senior unsecured debt ratings.
- Ventas, Inc. guarantees obligations; the loan ranks equally with other senior unsecured debt.
- Covenants include leverage ratios, liens, investments, and events of default.

## SEC filing metadata
- accession: 0001104659-23-100039
- form_type: 8-K
- ticker: VTR
- cik: 0000740260
- company_name: Ventas, Inc.
- filed_at: 2023-09-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/740260/000110465923100039/0001104659-23-100039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740260/000110465923100039/tm2325691d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-100039
- JSON: https://secwatch.observer/filing/0001104659-23-100039.json
- Plain text: https://secwatch.observer/filing/0001104659-23-100039.txt

## Key facts
- Debt Financings
  Ventas, Inc. incurred term loan of $200 million unsecured term loan facility with Bank of America, N.A., as Administrative Agent at a fluctuating rate per annum equal to (x) the applicable Term SOFR for Term SOFR maturing February 1, 2027.
  - Instrument: term loan
  - Principal: $200 million unsecured term loan facility
  - Counterparty: Bank of America, N.A., as Administrative Agent
  - Rate: a fluctuating rate per annum equal to (x) the applicable Term SOFR for Term SOFR
  - Maturity: February 1, 2027
  - Event: incurrence
  source text: On September 6, 2023, Ventas Realty, Limited Partnership (the "Borrower"), as borrower, a wholly owned subsidiary of Ventas, Inc. (the "Company"), and the Company, as guarantor, entered into a Credit and Guaranty Agreement (the "Credit Agreement"), with the lenders identified therein and Bank of America, N.A., as Administrative Agent. The Credit Agreement provides for a $200 million unsecured term loan facility (the "Term Loan Facility").
  evidence_url: https://www.sec.gov/Archives/edgar/data/740260/000110465923100039/0001104659-23-100039-index.htm

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