News Release: Welltower Announces Upsized Pricing of $900 Million of Exchangeable Senior Notes

TOLEDO, Ohio, July 9, 2024 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) (“Welltower” or the “Company”) announced today that on July 8, 2024 its operating company, Welltower OP LLC (“Welltower OP”), priced and upsized the previously announced offering (the “Offering”) of $900 million aggregate principal amount of 3.125% exchangeable senior notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).  Welltower OP also granted the initial purchasers of the notes an option to purchase up to an additional $135 million aggregate principal amount of notes.  The Offering is expected to close on July 11, 2024, subject to customary closing conditions.

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