Ventas Issues $700 Million Debt Financing for Hospital Consolidation

Chicago-based Ventas Inc. (NYSE: VTR) is providing secured debt financing of $700 million to a subsidiary of Ardent Health Services in connection with its acquisition of LHP Hospital Group, Inc. Ardent is the hospital tenant of real estate investment trust (REIT) Ventas. The deal underscores Ventas’ portfolio repositioning in the last few years and the vision […]