Healthcare Realty to redeem 5.75% notes due 2021 on Dec. 27

By Wendy Van Sickle

Columbus, Ohio, Nov. 27 – Healthcare Realty Trust Inc. called its $300 million of 5.75% senior notes due 2021 for redemption on Dec. 17, according to a press release.

The total redemption price will be $338.9 million, including a make-whole premium of $31.1 million and interest of $7.8 million.

The notes will be redeemed using proceeds from the issuance of new 3.625% senior notes due 2028, cash on hand and borrowings under its unsecured credit facility.

Branch Banking and Trust Co. is the trustee.

Healthcare Realty is a Nashville-based real estate investment trust focused on real estate used to deliver outpatient health care.

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