Physicians Realty to repay revolver debt with note offering proceeds

By Tali Rackner

Norfolk, Va., March 2 – Physicians Realty LP plans to repay a portion of the outstanding debt under its revolving credit facility due Sept. 18, 2020 with the net proceeds from a new senior note offering, according to a 424B5 filing with the Securities and Exchange Commission.

Proceeds will also be used for general corporate purposes, including working capital and investment in real estate.

Milwaukee-based Physicians Realty is a self-managed health care real estate investment trust.

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