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Ventas closes $650M senior notes offering

A unit of healthcare real estate investment trust Ventas Inc. closed its $650 million debt offering Feb. 23.

The offering by Ventas Realty LP comprised 4.000% senior notes due 2028.

Ventas previously said it would use the net proceeds to partly fund a cash tender offer to purchase up to $600.0 million of outstanding 4.00% senior notes due 2019.