O’Melveny Represents Healthcare Trust of America in US$900M Public Offering
September 20, 2019
FOR IMMEDIATE RELEASE
SAN FRANCISCO—September 20, 2019—O’Melveny recently represented Healthcare Trust of America, Inc. (HTA) in an underwritten public offering of US$900 million, consisting of US$650 million of unsecured 3.100% senior notes due 2030, and US$250 million of unsecured 3.500% senior notes due 2026.
HTA intends to use the net proceeds from the offering to, among other things, redeem all of its outstanding 3.375% senior notes due 2021 and 2.95% senior notes due 2022.
BofA Securities, Inc., J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC acted as the joint book-running managers for the offering.
Based in Scottsdale, Arizona, HTA is the largest dedicated owner and operator of medical office buildings in the United States, with US$6.9 billion invested primarily in medical office buildings.
Of counsel Peter Healy led the O’Melveny team, which included counsel Logan Tiari and associate Randolph Yiap. Partner Arthur Hazlitt and counsel Alexander Roberts advised on tax matters.
About O’Melveny
It’s more than what you do: it’s how you do it. Across sectors and borders, in board rooms and courtrooms, we measure our success by yours. And in our interactions, we commit to making your O’Melveny experience as satisfying as the outcomes we help you achieve. Our greatest accomplishment is ensuring that you never have to choose between premier lawyering and exceptional service. So, tell us. What do you want to achieve? Visit us at omm.com.
Contact:
Christopher Rieck
O’Melveny & Myers LLP
+1 212 326 2218
crieck@omm.com