Healthcare Trust (HTA) prices $800 million senior notes.

Healthcare Trust of America, Inc. (HTA) announced today that its operating subsidiary has priced an offering of $800 million 2.00% senior unsecured notes due 2031.  The notes were priced at a discount to yield 2.086% or +142 basis points to the treasury curve.  Current ratings are Baa2/BBB with stable outlooks.

HTA said that proceeds would be used to redeem its 3.70% senior notes due 2023 and to repay borrowings under its bank credit facilities.

Founded in 2006, Healthcare Trust is the largest owner/operator of medical office buildings in the U.S. with a current portfolio of 465 properties in 33 states.  As of June 30, 2020, Healthcare Trust had a total market capitalization of approximately $8.7 billion.

https://www.sec.gov/Archives/edgar/data/1360604/000119312520244768/g130258g87i86.jpg

09/14/2020