Healthcare Trust of America Announces Pricing of $800 million of 2.000% Senior Unsecured Notes Due 2031
SCOTTSDALE, Ariz. , Sept. 15, 2020 |PRNewswire| -- Healthcare Trust of America, Inc. ("HTA") (NYSE: HTA ) announced today that its operating partnership, Healthcare Trust of America Holdings, LP ("HTALP" and, together with HTA, the "Company"), priced a $800 million offering of HTALP's 2.000% senior unsecured notes due 2031 (the "2031 Notes") under its existing shelf registration statement. The 2031 Notes were priced at 99.196% of the principal amount. The closing of the offering is expected to occur on September 28, 2020 , subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds of this offering (i) to redeem all of HTALP's outstanding 3.70% Senior Notes due 2023, (ii) to repay a portion of the outstanding indebtedness under its unsecured revolving credit and term loan facility and (iii) for general corporate purposes, including, without limitation, working capital and investment in real estate. Jefferies LLC, J.P. Morgan Securities LLC, U.S.
Healthcare Trust of America Announces Pricing of $800 million of 2.000% Senior Unsecured Notes Due 2031
SCOTTSDALE, Ariz. , Sept. 15, 2020 |PRNewswire| -- Healthcare Trust of America, Inc. ("HTA") (NYSE: HTA ) announced today that its operating partnership, Healthcare Trust of America Holdings, LP ("HTALP" and, together with HTA, the "Company"), priced a $800 million offering of HTALP's 2.000% senior unsecured notes due 2031 (the "2031 Notes") under its existing shelf registration statement. The 2031 Notes were priced at 99.196% of the principal amount. The closing of the offering is expected to occur on September 28, 2020 , subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds of this offering (i) to redeem all of HTALP's outstanding 3.70% Senior Notes due 2023, (ii) to repay a portion of the outstanding indebtedness under its unsecured revolving credit and term loan facility and (iii) for general corporate purposes, including, without limitation, working capital and investment in real estate. Jefferies LLC, J.P. Morgan Securities LLC, U.S.