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
Following his twelve-day trip to Asia, President Donald Trump announced Monday the U.S. is putting North Korea back on a list of state sponsors of terrorism. Trump announced the move in comments ahead of a Cabinet meeting and said his administration would also be ramping up sanctions on North Korea. Volkswagen plans to invest about 22.8 billion euros in its core brand from 2018 to 2022, with main focus on e-mobility and modularization. In a statement on Saturday, the German automaker announced that the investments, as part of the brand's Transform 2025+ strategy, will significantly boost the brand's largest product and technology offensive. Health IQ Insurance Services, a startup focused on providing life insurance for health-conscious individuals, said it has secured $34.6 million in Series C funding, led by Andreessen Horowitz. To date, the company has raised a total of $81 million in funding mostly from its existing investors.
comments powered by Disqus
Follow RTT