Healthcare Trust of America prices $800M of senior unsecured notes

Healthcare Trust of America (NYSE:HTA) has priced a $800M offering of 2.000% senior unsecured notes due 2031.

The 2031 Notes were priced at 99.196% of the principal amount.

Net proceeds will be used to redeem all outstanding 3.70% Senior Notes due 2023, to repay outstanding indebtedness for general corporate purposes.

Closing date is September 28.

Author Rida Morwa compared HTA vs. peer Physicians Realty Trust in his article “Battle Of Medical Titans: Healthcare Trust Vs. Physicians Realty” at Seeking Alpha and picked HTA as it is better positioned for growth and are likely to close the recent valuation gap with Physicians Realty.


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