Healthcare Trust of America (HTA) Prices 3.5M Common Stock Offering for Proceeds of ~$119M

September 8, 2016 6:12 AM EDT

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Healthcare Trust of America, Inc. (NYSE: HTA) announced the pricing of its underwritten public offering of 3,500,000 shares of its common stock. HTA will receive approximately $119 million of gross proceeds before deducting underwriting discounts and commissions and estimated offering expenses. In connection with the offering, HTA has granted the underwriters a 30-day option to purchase up to 525,000 additional shares of its common stock.

HTA intends to use net proceeds from the offering for general corporate purposes, including, without limitation, working capital, investment in real estate and repayment of debt. Closing is expected to occur on or about September 13, 2016, subject to customary closing conditions.

Wells Fargo Securities, Jefferies and BMO Capital Markets are acting as the joint book-running managers for the offering.

To obtain a copy of the prospectus supplement and related base prospectus for this offering, please contact: Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152 or by telephone at (800) 326-5897 or email a request to; Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, New York 10022 or by telephone at (877) 547-6340 or email a request to; or BMO Capital Markets Corp., 3 Times Square, 25th Floor, New York, NY 10036, Attention: Syndicate Department, Telephone: (800) 414-3627, or by email at

A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This announcement shall not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful under the securities laws of any such jurisdiction. The offering of these securities is being made solely by means of a prospectus supplement and the accompanying prospectus.

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