Healthcare Realty Trust Inc., a real estate investment trust based in Nashville, Tenn., has announced the pricing of 7 million shares of newly issued common stock at $25.50 per share. The company said it plans to use the estimated net proceeds of $170.5 million to invest in recently closed and expected acquisitions of medical office and other outpatient-related facilities and for general corporate purposes. The company has granted the underwriters an option to buy up to 1.05 million additional shares to cover any overallotments. The joint book-running managers for the offering are Wachovia Securities, J.P. Morgan, Banc of America Securities LLC, and UBS Investment Bank. The REIT can be found on the Web at http://www.healthcarerealty.com.
Processing Content
