Healthcare Trust of America Announces Pricing of Senior Unsecured Notes
SCOTTSDALE, Ariz., March 21, 2013
SCOTTSDALE, Ariz., March 21, 2013 /PRNewswire/ -- Healthcare Trust of America,
Inc. (NYSE:HTA) ("HTA") announced today that its operating partnership,
Healthcare Trust of America Holdings, LP (the "Operating Partnership"), has
priced $300 million aggregate principal amount of 3.70% senior unsecured notes
due April 2023 (the "Notes") at 99.186% of the principal amount.
The Operating Partnership intends to use the net proceeds from the offering of
the Notes to repay its $125.5 million senior secured term loan, to repay
borrowings under the senior unsecured revolving credit facility and for
general corporate purposes, including, without limitation, working capital and
investment in real estate.
The notes are being offered only to qualified institutional buyers under Rule
144A under the Securities Act of 1933, as amended (the "Securities Act") and
to non-U.S. persons outside the United States under Regulation S under the
Securities Act. The notes and related guarantees being offered will not be
initially registered under the Securities Act or the securities laws of any
other place and, unless so registered, may not be offered or sold in the
United States except pursuant to an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act and applicable
state securities laws.
This announcement shall not constitute an offer to sell or the solicitation of
an offer to buy the notes nor shall there be any sale of the notes in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such
jurisdiction. This notice is being issued pursuant to Rule 135c of the
This press release contains certain forward-looking statements.
Forward-looking statements are based on current expectations, plans,
estimates, assumptions and beliefs, including expectations, plans, estimates,
assumptions and beliefs about HTA, stockholder value and earnings growth. The
forward-looking statements included in this press release are subject to
numerous risks and uncertainties that could cause actual results to differ
materially from those expressed or implied in the forward-looking statements.
These forward looking statements include, without limitations, statements
concerning the proposed offering and any other statement that may predict,
forecast, indicated or imply any future results, performance or achievements,
Assumptions relating to the foregoing involve judgments with respect to, among
other things, future economic, competitive and market conditions and future
business decisions, all of which are difficult or impossible to predict
accurately and many of which are beyond HTA's control. For information about
the risks and uncertainties associated with HTAs business, please refer to
HTA's filings with the U.S. Securities and Exchange Commission.
Forward-looking statements speak only as of the date made. Except as otherwise
required by the federal securities laws, HTA undertakes no obligation to
update any forward-looking statements to reflect the events or circumstances
arising after the date as of which they are made. As a result of these risks
and uncertainties, readers are cautioned not to place undue reliance on the
forward-looking statements included in this press release or that may be made
elsewhere from time to time by, or on behalf of, HTA.
Kellie S. Pruitt
Chief Financial Officer
Healthcare Trust of America, Inc.
SOURCE Healthcare Trust of America, Inc.
Contact: Media, Robert Milligan, Senior Vice President of Corporate Finance,
Healthcare Trust of America, Inc., 480.998.3478, firstname.lastname@example.org
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