Healthcare real estate investment trust Ventas Inc. units Ventas Realty LP and Ventas Capital Corp. launched a tender offer to purchase their outstanding 4.25% senior notes due 2022.

The notes had $600.0 million outstanding principal amount as of Aug. 12.

Holders will receive $1,054.58 for every $1,000 principal amount of the notes under the offer set to expire at 5 p.m. ET on Aug. 16. Payment is scheduled for Aug. 21.

D.F. King & Co. Inc. is the tender agent and information agent for the offer. J.P. Morgan Securities LLC is the dealer manager.