NYSE:HRHealth Care REITs
How a New US$400 Million Delayed Draw Term Loan Will Impact Healthcare Realty Trust (HR) Investors
Earlier this month, Healthcare Realty Holdings, L.P. entered into a US$400.0 million senior unsecured delayed draw term loan facility maturing in May 2029, with flexible SOFR- or base rate-linked pricing, an accordion option of up to US$100.0 million, and no mandatory amortization.
The ability to draw this capital over a year, prepay without penalty, and operate under customary covenants highlights lender confidence in Healthcare Realty Trust’s credit profile and balance sheet...