secwatch.observer — SEC 8-K summary
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Issuer:     Welltower OP LLC (—)
CIK:        0001917598
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001193125-23-142169
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Welltower OP LLC issues $1.035B of 2.750% exchangeable senior notes due 2028
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- Welltower OP LLC issued $1.035 billion aggregate principal amount of 2.750% Exchangeable Senior Notes due May 15, 2028.
- Notes are exchangeable into Welltower Inc. common stock at an initial rate of 10.4808 shares per $1,000 principal (exchange price ~$95.41).
- Proceeds will be used for general corporate purposes, including repayment of 4.500% notes due Jan 2024 and 3.625% notes due Mar 2024.
- The notes are fully and unconditionally guaranteed by Welltower Inc. on a senior unsecured basis.
- The offering included full exercise of initial purchasers' option to acquire additional notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1917598/000119312523142169/0001193125-23-142169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766704/000119312523142169/d384800d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-142169

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