Healthcare Trust to redeem 3.7% notes, repay portion of revolver

By Taylor Fox

New York, Sept. 15 – Healthcare Trust of America Holdings, LP plans to redeem all of its outstanding 3.7% senior notes due 2023 with proceeds from an offering on 2% notes due 2031, according to a news release.

Healthcare Trust plans to use remaining proceeds to repay a portion of its outstanding indebtedness under its unsecured revolving credit and term loan facility and for general corporate purposes, including working capital and investment in real estate.

Healthcare Trust is a New York-based real estate investment trust.

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