Healthcare Trust of America to repay some facility debt via new notes

By Tali Rackner

Minneapolis, June 7 – Healthcare Trust of America Holdings, LP plans to repay a portion of the outstanding debt under its revolving credit and term loan facility using the net proceeds from a new note offering, according to an 8-K filing with the Securities and Exchange Commission.

The company issued $400 million of 2.95% senior notes due 2022 and $500 million of 3.75% senior notes due 2027 on June 1.

Proceeds will also be used to fund an acquisition and for general corporate purposes.

Healthcare Trust of America is a Scottsdale, Ariz.-based real estate investment trust focused on medical office buildings.

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