--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-26-001785" form_type: "8-K" ticker: "VTR" cik: "0000740260" company_name: "Ventas, Inc." filed_at: "2026-01-07T23:59:59+00:00" generated_at: "2026-05-16T11:28:18.271949+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Ventas ups term loan to $700M, adds $550M delayed draw; repays 2023 facility ## Summary - Term loan facility increased from $500M to $700M; new delayed draw term loan facility of $550M established. - Aggregate borrowing capacity under the credit agreement may be increased to up to $1.75 billion. - Proceeds from term loan increase will repay in full all outstanding debt under the 2023 credit agreement, which terminates. - Amendment includes technical changes; certain existing lenders depart and new lenders join. - Guarantor Ventas Inc. reaffirms its guarantee of obligations under the amended credit agreement. ## SEC filing metadata - accession: 0001104659-26-001785 - form_type: 8-K - ticker: VTR - cik: 0000740260 - company_name: Ventas, Inc. - filed_at: 2026-01-07T23:59:59+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/740260/000110465926001785/0001104659-26-001785-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/740260/000110465926001785/tm262400d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-26-001785 - JSON: https://secwatch.observer/filing/0001104659-26-001785.json - Plain text: https://secwatch.observer/filing/0001104659-26-001785.txt ## Key facts - Debt Financings Ventas, Inc. incurred term loan of $550 million with Bank of America, N.A., as administrative agent at none mentioned maturing none mentioned. - Instrument: term loan - Principal: $550 million - Counterparty: Bank of America, N.A., as administrative agent - Rate: none mentioned - Maturity: none mentioned - Event: incurrence source text: On January 7, 2026, Ventas Realty, Limited Partnership (the “Borrower”), a wholly owned subsidiary of Ventas, Inc. (the “Company”), and the Company, as guarantor, entered into an amendment to the Credit Agreement (as defined below) (the “Amendment”) with the lenders identified therein and Bank of America, N.A., as administrative agent, pursuant to which that certain Credit and Guaranty Agreement (the “Credit Agreement”), dated as of June 27, 2022, among the Borrower, the Company, the lenders identified therein and Bank of America, N.A., as administrative agent, was amended to, in addition to certain technical amendments, (i) increase the term loans under the Company’s existing unsecured term loan facility (the “Term Loan Facility”) from $500 million to $700 million and (ii) establish a new unsecured delayed draw term loan facility in a principal amount of $550 million (the “Delayed Draw Term Loan Facility”, and together with the Term Loan Facility, the “Facilities”). evidence_url: https://www.sec.gov/Archives/edgar/data/740260/000110465926001785/0001104659-26-001785-index.htm - Debt Financings Ventas, Inc. amended credit facility of $500 million to $700 million with Bank of America, N.A., as administrative agent at none mentioned maturing none mentioned. - Instrument: credit facility - Principal: $500 million to $700 million - Counterparty: Bank of America, N.A., as administrative agent - Rate: none mentioned - Maturity: none mentioned - Event: amendment source text: On January 7, 2026, Ventas Realty, Limited Partnership (the “Borrower”), a wholly owned subsidiary of Ventas, Inc. (the “Company”), and the Company, as guarantor, entered into an amendment to the Credit Agreement (as defined below) (the “Amendment”) with the lenders identified therein and Bank of America, N.A., as administrative agent, pursuant to which that certain Credit and Guaranty Agreement (the “Credit Agreement”), dated as of June 27, 2022, among the Borrower, the Company, the lenders identified therein and Bank of America, N.A., as administrative agent, was amended to, in addition to certain technical amendments, (i) increase the term loans under the Company’s existing unsecured term loan facility (the “Term Loan Facility”) from $500 million to $700 million and (ii) establish a new unsecured delayed draw term loan facility in a principal amount of $550 million (the “Delayed Draw Term Loan Facility”, and together with the Term Loan Facility, the “Facilities”). evidence_url: https://www.sec.gov/Archives/edgar/data/740260/000110465926001785/0001104659-26-001785-index.htm - Material Agreements Ventas, Inc. amended Amendment with the lenders identified therein and Bank of America, N.A., as administrative agent (effective 2026-01-07). - Action: amendment - Agreement: credit facility - Counterparty: the lenders identified therein and Bank of America, N.A., as administrative agent - Effective: 2026-01-07 source text: On January 7, 2026, Ventas Realty, Limited Partnership (the “Borrower”), a wholly owned subsidiary of Ventas, Inc. (the “Company”), and the Company, as guarantor, entered into an amendment to the Credit Agreement (as defined below) (the “Amendment”) with the lenders identified therein and Bank of America, N.A., as administrative agent, pursuant to which that certain Credit and Guaranty Agreement (the “Credit Agreement”), dated as of June 27, 2022, among the Borrower, the Company, the lenders identified therein and Bank of America, N.A., as administrative agent, was amended to, in addition to certain technical amendments, (i) increase the term loans under the Company’s existing unsecured term loan facility (the “Term Loan Facility”) from $500 million to $700 million and (ii) establish a new unsecured delayed draw term loan facility in a principal amount of $550 million (the “Delayed Draw Term Loan Facility”, and together with the Term Loan Facility, the “Facilities”). evidence_url: https://www.sec.gov/Archives/edgar/data/740260/000110465926001785/0001104659-26-001785-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.