8 Mar, 2021

Healthcare Trust of America commences up to $750M ATM program

Healthcare Trust of America Inc. and its operating partnership Healthcare Trust of America Holdings LP will offer up to $750.0 million class A common shares in at-the-market offerings from time to time.

The issuers entered into separate equity distribution agreements with Wells Fargo Securities LLC and Wells Fargo Bank NA, BMO Capital Markets Corp. and Bank of Montreal, Jefferies LLC, J.P. Morgan Securities LLC and JPMorgan Chase Bank NA, BofA Securities Inc. and Bank of America NA, MUFG Securities Americas Inc. and MUFG Securities EMEA PLC, Morgan Stanley & Co. LLC, Capital One Securities Inc., BTIG LLC and Scotia Capital (USA) Inc. and The Bank of Nova Scotia acting as sales agents for the offering.

The company also entered into separate master forward confirmations with Wells Fargo Bank NA, Bank of Montreal, Jefferies LLC, JPMorgan Chase Bank NA, Bank of America NA, MUFG Securities EMEA PLC, Morgan Stanley & Co. LLC and The Bank of Nova Scotia as forward purchasers.

The healthcare real estate investment trust plans to use any net proceeds from the program for general corporate purposes such as funding future acquisitions, working capital, share repurchases and repayment of debt.