Healthcare Trust of America Inc.'s operating partnership issued $250.0 million of 3.500% senior notes due 2026 and $650.0 million of 3.100% senior notes due 2030 in a public offering.
Healthcare Trust of America Holdings LP offered the 2026 notes at 103.660% of the principal amount, plus accrued interest from Aug. 1, and offered the 2030 notes at 99.658% of the principal amount.
The 2026 notes were priced at an interest rate of 3.500% per year, accruing from and including Aug. 1, payable semiannually in arrears on Feb. 1 and Aug. 1 of each year, beginning Feb. 1, 2020. The notes will mature on Aug. 1, 2026.
The 2030 notes bear interest at the rate of 3.100% per year, payable semiannually in arrears on Feb. 15 and Aug. 15 of each year, beginning Feb. 15, 2020. The notes will mature on Feb. 15, 2030.
The healthcare real estate investment trust earlier said it intends to use net proceeds to fully redeem the operating partnership's outstanding 3.375% senior notes due 2021 and 2.950% senior notes due 2022, among other uses.
