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Published on 12/19/2013 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Moody's ups Healthcare Trust to Baa2

Moody's Investors Service said it raised the senior unsecured and issuer ratings of Healthcare Trust of America Holdings, LP, the operating subsidiary of Healthcare Trust of America, to Baa2 from Baa3.

The outlook was revised to stable from positive.

Moody's said the upgrade reflects HTA's continued execution of strategic growth, while reducing secured debt levels and maintaining modest overall leverage (consistently below 40% of gross assets). Furthermore, the REIT's public listing of its shares in 2012 and debut bond offering issued in March 2013 have enhanced its ability to access capital for continued growth.


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