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Healthcare Trust of America unit boosts term loan facility to $200M

HealthcareTrust of America Inc.'s operating partnership amended its existingsenior unsecured term loan facility to boost the available amount to $200.0million from $155.0 million.

Among other changes, the amended facility also extended thedue date to Sept. 26, 2023, from July 19, 2019, and removed the company as aguarantor. The annual interest rate was also modified to be equal to the LIBORplus a margin range of 1.50% to 2.45%, from a prior range of 1.55% to 2.40%,based on the credit rating, while the margin association with the creditagreement was changed to 1.65% from 1.70% per year.

The amended credit agreement was signed Sept. 26 betweenHealthcare Trust of America Holdings LP as the borrower and Wells Fargo Bank NAas administrative agent; Wells Fargo Securities LLC, BMO Capital Markets Corp.,Capital One NA and PNC Capital Markets LLC as joint lead arrangers and book runners;and U.S. Bank NA as documentation agent.