Fitch: Healthcare loan BBB-

Fitch Ratings said it assigned a BBB- rating to the $200 million term loan due 2019 entered into by Healthcare Realty Trust Inc.

The loan bears interest at Libor plus 145 basis points.

The proceeds will be used to repay borrowings on the unsecured revolving credit facility, Fitch said.

The company has an issuer default rating of BBB-, along with BBB- ratings on its unsecured line of credit and senior unsecured notes.

The ratings reflect the expectation for improving leverage and fixed-charge coverage metrics, the agency said, but offset by weak contingent liquidity.

The ratings also consider the company's geographically diversified portfolio, positive medical office fundamentals, strong liquidity and manageable debt maturity schedule.

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