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Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing $950 million credit facility and will lower HTA's borrowing costs and extend maturities.

The revolver will mature in January 2020. The term loan will mature in January 2019 and can be extended for up to 1 year. Based on HTA's current investment grade ratings, the revolver will initially be priced at LIBOR plus 125bps, inclusive of a 20bps facility fee, and the term loan will be initially priced at LIBOR plus 115 bps.

J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, and U.S. Bank National Association served as Joint Lead Arrangers with JPMorgan Chase Bank, N.A. serving as the administrative agent. Wells Fargo Bank, N.A. and U.S. Bank National Association served as syndication agents. Bank of Montreal, PNC Bank, The Bank of Nova Scotia, and The Bank of Tokyo-Mitsubishi UFJ, Ltd. served as documentation agents. Capital One, N.A., Compass Bank, Fifth Third Bank, Regions Bank, Mizuho Bank, Ltd., Branch Banking & Trust Company and City National Bank also participated.

Healthcare Trust of America, Inc., a publicly traded real estate investment trust, is a full-service real estate company focused on acquiring, owning and operating high-quality medical office buildings that are predominantly located on or aligned with campuses of nationally or regionally recognized healthcare systems in the U.S.  Since its formation in 2006, HTA has invested approximately $3.3 billion to build a portfolio of properties that is comprised of approximately 14.6 million square feet of gross leasable area located in 27 states. It operates its properties through regional offices in Scottsdale, Albany, Atlanta, Boston, Charleston, Dallas, Indianapolis, Miami and Pittsburgh.

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