Key Developments: Ventas Inc (VTR)
81.67USD
17 May 2013
$0.44 (+0.54%)
$81.23
$81.38
$82.21
$81.03
1,524,165
1,437,823
$82.21
$55.87
Latest Key Developments (Source: Significant Developments)
Ventas Inc Declares Regular Quarterly Dividend Of $0.67 Per Share
Ventas Inc announced that its Board of Directors declared a regular quarterly dividend of $0.67 per share, payable in cash on June 28, 2013 to stockholders of record on June 5, 2013. Full Article
Ventas Inc Reaffirms FY 2013 FFO Guidance
Ventas Inc reaffirmed fiscal 2013 guidance and expects normalized funds from operations (FFO) per diluted share to be in the range of $3.99-$4.07. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO of $4.03 for fiscal 2013. Full Article
Ventas Inc Announces Pricing of Senior Notes Offering
Ventas Inc announced that it has priced a public offering of $500 million aggregate principal amount of 2.700% Senior Notes due 2020 (the Notes) at 99.942% of principal amount. The Notes are being issued by the Company`s operating partnership, Ventas Realty, Limited Partnership, and a wholly owned subsidiary, Ventas Capital Corporation, and will be guaranteed, on a senior unsecured basis, by the Company. The sale of the Notes is expected to close on March 19, 2013, subject to customary closing conditions. The Company expects to use the net proceeds from the offering to repay indebtedness outstanding under its unsecured revolving credit facility and for working capital and other general corporate purposes, including to fund future acquisitions or investments, if any. Citigroup, Credit Agricole CIB, Jefferies and J.P. Morgan acted as joint book-running managers for the offering of the Notes. Full Article
Ventas Inc Announces Pricing Of Senior Notes Offering
Ventas Inc announced that it has priced a public offering of $225 million aggregate principal amount of 5.45% Senior Notes due 2043 (the Notes). The Notes are being issued by the Company`s operating partnership, Ventas Realty, Limited Partnership, and a wholly owned subsidiary, Ventas Capital Corporation (together, the Issuers), and will be guaranteed, on a senior unsecured basis, by the Company. The Issuers may redeem the Notes, at par, in whole or in part, at any time on or after March 7, 2018. The Company has granted the underwriters a 30-day option to purchase up to an additional $33.75 million aggregate principal amount of Notes solely to cover overallotments, if any. The Company intends to apply to list the Notes on the New York Stock Exchange and, if the application is approved, expects trading in the Notes to begin within 30 days after their original issue date. The sale of the Notes is expected to close on March 7, 2013, subject to customary closing conditions. The Company expects to use the net proceeds from the offering to repay indebtedness outstanding under its unsecured revolving credit facility and for working capital and other general corporate purposes, including to fund future acquisitions or investments, if any. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC, and Wells Fargo Securities, LLC acted as joint book-running managers for the offering of the Notes. Full Article
Ventas Inc Issues FY 2013 FFO Guidance In Line With Analysts' Estimates-Conference Call
Ventas Inc announced that for fiscal 2013, it expects normalized funds from operations (FFO) per diluted share to be in the range of $3.99-$4.07. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO of $4.03 for fiscal 2013. Full Article
Ventas Inc Declares First Quarter Dividend
Ventas Inc announced that its Board of Directors increased the Company's first quarter 2013 dividend by 8% to $0.67 per share. The dividend is payable in cash on March 28, 2013 to stockholders of record on March 8, 2013. Full Article
Ventas Inc Declares Regular Quarterly Dividend of $0.62 Per Share
Ventas Inc announced that its Board of Directors declared a regular quarterly dividend of $0.62 per share, payable in cash on December 28, 2012 to stockholders of record on December 17, 2012. Full Article
Ventas Inc Announces Pricing of Senior Notes Offering
Ventas Inc announced that it has priced a public offering of $700 million aggregate principal amount of 2.00% Senior Notes due 2018 (the 2018 Notes) at 99.739% of principal amount and $225 million principal amount of 3.25% Senior Notes due 2022 (the 2022 Notes and, together with the 2018 Notes, the Notes) at 98.509% of principal amount. The Notes are being issued by the Company’s operating partnership, Ventas Realty, Limited Partnership, and a wholly owned subsidiary, Ventas Capital Corporation, and will be guaranteed, on a senior unsecured basis, by the Company. The 2022 Notes will be issued under the supplemental indenture governing the issuers’ existing 3.25% Senior Notes due 2022 that were issued on August 3, 2012 and are expected to be treated fungibly as a single class and traded together with the issuers’ existing 3.25% Senior Notes due 2022. The Company expects to use the net proceeds from the offering to repay indebtedness outstanding under its unsecured revolving credit facility and for working capital and other general corporate purposes, including to fund future acquisitions and investments, if any. The sale of the Notes is expected to close on December 13, 2012. Barclays Capital Inc., Citigroup Global Markets Inc., Goldman, Sachs & Co. and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering of the 2018 Notes. Full Article
Ventas Inc Raises FY 2012 FFO Guidance
Ventas Inc announced that it expects fiscal 2012 normalized FFO per diluted share to range between $3.76 and $3.78, improving its previously announced guidance (which included the accretive acquisition of Cogdell and certain other acquisitions) of between $3.70 and $3.74 per diluted share. Full Article
Ventas Inc Declares Regular Quarterly Dividend of $0.62 Per Share
Ventas Inc announced that its Board of Directors declared a regular quarterly dividend of $0.62 per share, payable in cash on September 28, 2012 to stockholders of record on September 11, 2012. Full Article
Fitch Rates Ventas, Inc.'s $500MM 2.7% Sr. Unsecured Notes due 2020 'BBB+'; Outlook Stable
(The following statement was released by the rating agency) NEW YORK, March 18 (Fitch) Fitch Ratings has assigned a credit rating of 'BBB+' to the $500 million aggregate principal amount of 2.7% senior unsecured notes due 2020 issued by the operating partnership of Ventas, Inc. (NYSE: VTR), Ventas Realty, Limited Partnership (Ventas Realty), and a wholly owned subsidiary, Ventas Capital Corporation (collectively, Ventas). The notes are guaranteed by Ventas, Inc. on a senior unsecured basis.
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