Ventas Inc. (VTR) said that it closed on a commitment for $35 million of additional credit capacity under the Company's Revolving Credit Facilities to mature in 2012. The additional commitment comes from a financial institution that is an existing lender to the Company's Revolving Credit Facilities.
Upon closing of the additional commitment, the Company's Revolving Credit Facilities total $1.0 billion. The first portion of the Revolving Credit Facilities, maturing April 26, 2012, contains $800 million of borrowing capacity, and the second portion of the Revolving Credit Facilities, maturing April 26, 2010, contains $200 million of borrowing capacity.
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