Welltower Announces Proposed Private Placement of $750 Million of Exchangeable Senior Notes

Group 1 - Welltower Inc. announced an offering of $750 million aggregate principal amount of exchangeable senior notes due 2029, with an option for initial purchasers to buy an additional $112.5 million [1][4] - The notes will be senior unsecured obligations, accruing interest payable semi-annually, and will be exchangeable into cash or shares of common stock at Welltower OP's election [4][6] - The net proceeds from the offering will be used for general corporate purposes, including debt repayment and investment in health care and seniors housing properties [8] Group 2 - Welltower is a real estate investment trust focused on transforming health care infrastructure, investing in seniors housing and post-acute communities across the U.S., Canada, and the U.K. [6] - The company aims to fund the real estate infrastructure necessary for innovative care delivery models to enhance wellness and health care experiences [6]