March 23, 2020 / 12:30 PM / in 11 days

BRIEF-Welltower Obtains Commitment For New $1 Billion Term Loan

March 23 (Reuters) - Welltower Inc:

* WELLTOWER OBTAINS COMMITMENT FOR NEW $1.0 BILLION TERM LOAN

* WELLTOWER INC - SUCCESSFULLY OBTAINED A TWO-YEAR UNSECURED TERM LOAN OF $1.0 BILLION

* WELLTOWER INC - WILL HAVE RIGHT TO INCREASE AMOUNT UNDER TERM LOAN UP TO AN ADDITIONAL $200 MILLION

* WELLTOWER - PROCEEDS FROM TERM LOAN WILL BE USED TO REPAY BORROWINGS UNDER CO’S UNSECURED REVOLVING CREDIT FACILITY AND COMMERCIAL PAPER PROGRAM Source text for Eikon: Further company coverage:

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