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BRIEF-Ventas expects loan to be accretive to 2017 normalized funds
2016年10月5日 / 晚上8点17分 / 1 年前

BRIEF-Ventas expects loan to be accretive to 2017 normalized funds

Oct 5 (Reuters) - Ventas Inc

* To provide secured debt financing of $700 million to unit of Ardent Health Services in connection with Ardent’s agreement to buy LHP Hospital Group

* Ventas issues secured debt financing commitment for ardent health services to merge with LHP Hospital Group, Inc.

* Ventas expects loan to be accretive to 2017 normalized funds from operations on a leverage neutral basis

* Expects to fund transaction using proceeds of asset sales and loan repayments, cash on hand and other capital sources Source text for Eikon: Further company coverage:

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