On June 13, 2019, Ventas, Inc. (the “Company”) announced that it provided $490 million in financing to subsidiaries of Colony Capital, Inc. (collectively, the parent and its subsidiaries, “Colony”) as part of a $1.515 billion refinancing (the “New Secured Loan”) of Colony’s prior $1.725 billion consolidated healthcare loan (the “Refinanced Loan”) maturing in December 2019, which has been repaid and discharged in full. The Company’s tranche of the New Secured Loan, which totals $490 million, bears interest at LIBOR plus 6.42 percent. The Company previously held $270 million of the Refinanced Loan, which bore interest at 8.25 percent.

The Company expects the investment to be accretive to normalized funds from operations per share on an annualized and leverage neutral basis.

About VENTAS, INC. (NYSE:VTR)

Ventas, Inc. is a healthcare real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. In its triple-net leased properties segment, the Company acquires and owns seniors housing and healthcare properties throughout the United States and the United Kingdom. Through its senior living operations segment, the Company invests in seniors housing communities throughout the United States and Canada, and engages independent operators to manage approximately 304 of its seniors housing communities. It owns approximately 1,300 properties, including properties classified as held for sale; MOBs; skilled nursing facilities; specialty hospitals, and general acute care hospitals. It leases approximately 575 properties to various healthcare operating companies under triple-net or absolute-net leases.