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Healthcare Realty Trust has priced a private offering of $600 million in 3.00% exchangeable senior notes due 2032. The offering size was increased from the previously announced $500 million to $600 million, signaling robust investor interest. Additionally, the company granted initial purchasers an option to purchase up to an additional $100 million of notes within a 13-day period. These notes will be issued by the company's operating partnership and fully guaranteed by the parent REIT. The net proceeds are intended for general corporate purposes, including the repayment of existing indebtedness. This financing move highlights the company's strategy to optimize its capital structure within the medical real estate sector.
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