Healthcare Trust of America to draw on credit facility to fund tender

By Tali David

Minneapolis, May 17 - Healthcare Trust of America, Inc. plans to make a draw under its unsecured revolving credit and term loan facility to fund its planned tender offer, according to a press release.

The company will offer to purchase up to $150 million of its class A common stock. The offer is expected to begin June 6.

Healthcare Trust of America is a real estate investment trust based in Scottsdale, Ariz.

© 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.