logo
Share SHARE
FONT-SIZE Plus   Neg

Healthcare Realty Trust Prices Public Offering Of 3.00 Mln Shares

Healthcare Realty Trust Inc. (HR) announced the pricing of its underwritten public offering of 3.00 million shares of its common stock.

The company said it will receive approximately $79.2 million of gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses.

The company noted that it intends to use the net proceeds from the offering for the acquisition of healthcare facilities, the repayment of outstanding borrowings under its unsecured credit facility, and other general corporate purposes. Completion of the offering is subject to customary closing conditions and is expected to occur on or about July 19, 2013.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
A California man has filed a lawsuit against McDonald's alleging that the fast food giant is defrauding customers by cramming its mozzarella sticks with filler instead of real cheese. Chris Howe is seeking at least $5 million in damages on behalf of consumers in 42 states and the District of Columbia. The... Jeep, the 4x4 vehicles, which has developed a strong bond with its masters, is aggressively on an expansion mode in its 75th anniversary year. Its fans have always been in love with the famous tag "Go Anywhere, Do Anything." Meat products maker Tyson Foods Inc. (TSN) reported a profit for the first-quarter that increased 49% from last year. It raised its profit outlook for fiscal year 2016 ,but it cut its annual sales guidance.
comments powered by Disqus
Follow RTT