Healthcare Realty to pay down credit facility due 2017 via new notes

By Tali David

Minneapolis, March 19 - Healthcare Realty Trust Inc. plans to use the proceeds of a senior note offering to repay the outstanding borrowings on its unsecured credit facility due April 2017, according to a 424B5 filed with the Securities and Exchange Commission.

As of March 14, the company had about $150 million of outstanding debt under the facility.

It will also use the proceeds to redeem its 5.125% senior notes due 2014 and for other general corporate purposes.

Nashville-based Healthcare Realty Trust is a real estate investment trust that integrates owning, managing and developing properties associated primarily with outpatient health-care services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.