8-KOther EventsExhibits & Filings

WELLTOWER INC. 8-K Report, Corporate Update (Nov 20, 2013)

Filed November 20, 2013For Securities:WELL

Summary

This Form 8-K filing by Health Care REIT, Inc. (now Welltower Inc.) on November 20, 2013, announces the successful issuance of £550,000,000 in aggregate principal amount of 4.800% senior notes due 2028. This debt offering was conducted under an existing automatic shelf registration statement, indicating the company's proactive capital management strategy. The issuance allows the company to secure long-term financing at a specific interest rate, which can be used for various corporate purposes, including potential acquisitions, development projects, or refinancing existing debt.

Key Highlights

  • 1Health Care REIT, Inc. issued £550,000,000 of 4.800% senior notes.
  • 2The notes mature on November 20, 2028, providing a long-term financing maturity.
  • 3The issuance was made under an existing automatic shelf registration statement on Form S-3.
  • 4The notes are governed by an Indenture dated March 15, 2010, as supplemented by Supplemental Indenture No. 9.
  • 5Interest on the notes is payable annually at a rate of 4.800%.
  • 6The filing provides key exhibits related to the indenture and the form of the global note.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce the completion of a public offering of £550,000,000 aggregate principal amount of Health Care REIT, Inc.'s 4.800% senior notes due 2028. It serves as a formal notification to investors and the SEC about this material debt issuance.

The newly issued senior notes carry a fixed interest rate of 4.800% per year, payable annually. The maturity date for these notes is November 20, 2028.

No, this debt issuance was conducted under an existing automatic shelf registration statement (Form S-3, File No. 333-181185) filed on May 4, 2012. This suggests the company had pre-established its ability to issue securities in the capital markets.

Supplemental Indenture No. 9, dated November 20, 2013, is the legal document that specifically governs the terms and conditions of the £550,000,000 senior notes due 2028 being issued. It amends or supplements the original Indenture from March 15, 2010, to include the details of this specific note offering.