News Column

Healthcare Trust of America Announces Pricing of 3.375%, 7-Year Senior Notes

July 9, 2014



By a News Reporter-Staff News Editor at Telecommunications Weekly -- Healthcare Trust of America, Inc. (NYSE: HTA) announced that its operating partnership, Healthcare Trust of America Holdings, LP ("HTALP"), priced a $300 million offering of HTALP's 3.375% senior unsecured notes due 2021 (the "Notes") under its existing shelf registration statement. The Notes were priced at 99.205% of the principal amount. The closing of the offering is expected to occur on June 26, 2014, subject to customary closing conditions.

HTALP intends to use net proceeds from the offering to repay all borrowings outstanding under its $650 million senior unsecured revolving credit facility, repay up to $125 million of secured mortgage debt and any associated prepayment penalties and for general corporate purposes.

Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Jefferies LLC and U.S. Bancorp Investments, Inc. are acting as the joint book-running managers for the offering.

Copies of the prospectus and related prospectus supplement relating to the offering, when available, may be obtained from: Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd. NC0675, Charlotte, NC 28262, Attention: Capital Markets Client Support, or by calling: 800-326-5897, J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, Attention: Investment Grade Syndicate Desk, or by calling: 212-834-4533 collect, or Jefferies LLC, 520 Madison Avenue, New York, New York 10002, Attention: Debt Syndicate Prospectus Department, or by calling: 877-547-6340.

A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This announcement shall not constitute an offer to sell or a solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful under the securities laws of any such jurisdiction.

Keywords for this news article include: Banking and Finance, Healthcare Trust of America Inc.

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Source: Telecommunications Weekly


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