Healthcare Realty brings $300 million 2.05% note to high-grade market

By Devika Patel

Knoxville, Tenn., Sept. 18 – Primary activity in the investment-grade bond market remained quiet on Friday with only one deal pricing.

Nashville-based Healthcare Realty Trust Inc. priced $300 million of 2.05% senior notes due March 15, 2031.

The notes priced at 99.189 to yield 2.137% with a spread of 145 basis points over Treasuries.

J.P. Morgan Securities LLC, Wells Fargo Securities LLC, Goldman Sachs & Co. LLC and Scotia Capital (USA) Inc. were the joint bookrunners.

Proceeds will be used to redeem the company’s senior notes due 2023 and for other general corporate purposes.

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