Fixed Income
Ventas’s Senior Unsecured Debt has a BBB+ or Equivalent Corporate Debt Ratings from all Three Leading Ratings Agencies
| Credit Rating Agency | Long-Term Rating | Long-Term Outlook | Short-Term Rating |
|---|---|---|---|
| Fitch Rating | BBB+ | Negative | F-2 |
| Moody's Investor Service | Baa1 | Negative | P-2 |
| Standard & Poor's Rating Services | BBB+ | Negative | A-2 |
Debt Instruments
US Senior Notes
| CUSIP | Payee | Maturity | Rate |
USD Balance at 9/30/2020 |
|---|---|---|---|---|
| 92276MAZ8, re-opening | Senior Notes due 20221 | 8/15/2022 | 3.250% | 263,687,000 |
| 92277GAK3 | Senior Notes due 2023 | 1/15/2023 | 3.100% | 400,000,000 |
| 92277GAH0 | Senior Notes due 2023 | 6/15/2023 | 3.125% | 400,000,000 |
| 92277GAP2 | Senior Notes due 2024 | 4/15/2024 | 3.500% | 400,000,000 |
| 92277GAD9 | Senior Notes due 2024 | 5/1/2024 | 3.750% | 400,000,000 |
| 92277GAT4 | Senior Notes due 2025 | 1/15/2025 | 2.650% | 450,000,000 |
| 92277GAE7 | Senior Notes due 2025 | 2/1/2025 | 3.500% | 600,000,000 |
| 92277GAG2 | Senior Notes due 2026 | 1/15/2026 | 4.125% | 500,000,000 |
| 92277GAJ6 | Senior Notes due 2026 | 10/15/2026 | 3.250% | 450,000,000 |
| 92277GAL1 | Senior Notes due 2027 | 4/1/2027 | 3.850% | 400,000,000 |
| 92277GAM9 | Senior Notes due 2028 | 3/1/2028 | 4.000% | 650,000,000 |
| 92277GAN7 | Senior Notes due 2029 | 1/15/2029 | 4.400% | 750,000,000 |
| 92277GAU1 | Senior Notes due 2030 | 1/15/2030 | 3.000% | 650,000,000 |
| 92277GAV9 | Senior Notes due 2030 | 11/15/2030 | 4.750% | 500,000,000 |
| 63861QAZ1, original ind. | Senior Notes due 2037 | 10/1/2037 | 6.900% | 52,400,000 |
| 63861QBD9, original ind. | Senior Notes due 2038 | 7/7/2038 | 6.590% | 22,823,000 |
| 92277GAB3 | Senior Notes due 2043 | 9/30/2043 | 5.700% | 300,000,000 |
| 92277GAF4 | Senior Notes due 2045 | 2/1/2045 | 4.375% | 300,000,000 |
| 92277GAQ0 | Senior Notes due 2049 | 4/15/2049 | 4.875% | 300,000,000 |
| Total US Fixed Rate Senior Notes1 | 7,788,910,000 | |||
Canadian Senior Notes
| CUSIP | Payee | Maturity | Rate |
CAD Balance at 9/30/2020 |
|---|---|---|---|---|
| 92277LAE6 | Senior Notes due 2021 | 11/12/2021 | CDOR + 54bps | 300,000,000 |
| 92277LAC0 | Senior Notes due 2022 | 2/1/2022 | 3.300% | 250,000,000 |
| 92277LAD8 | Senior Notes due 2023 | 3/15/2023 | 2.550% | 275,000,000 |
| 92277LAF3 | Senior Notes due 2024 | 4/12/2024 | 2.800% | 600,000,000 |
| 92277LAB2 | Senior Notes due 2024 | 9/30/2024 | 4.125% | 250,000,000 |
| Total Canadian Senior Notes | 1,675,000,000 | |||
1. Reflects the tender of $236,313,000 on 10/2/2020 subsequent to quarter end.