Notes and Bonds Payable (Tables)

9 Months Ended

Sep. 30, 2022

The table below details the Company’s notes and bonds payable as of September 30, 2022 and December 31, 2021.


	MATURITY DATES 1	BALANCE 2 AS OF				EFFECTIVE INTEREST RATE as of 9/30/2022
Dollars in thousands		9/30/2022		12/31/2021
$1.5 billion Unsecured Credit Facility 3	10/27	$	190,600	$	—	3.99	%
$700 million Unsecured Credit Facility 3	5/23	—		210,000		—	%
$1.125 billion Asset Sale Term Loan 4	7/24	421,919		—		4.07	%
$350 million Unsecured Term Loan 3	7/25	348,735		—		4.10	%
$200 million Unsecured Term Loan 4	5/26	199,611		199,460		3.51	%
$300 million Unsecured Term Loan 4 5	10/26	299,930		—		2.47	%
$150 million Unsecured Term Loan 5	5/26	149,458		149,376		3.32	%
$200 million Unsecured Term Loan 4 5	7/27	199,328		—		2.27	%
$300 million Unsecured Term Loan 3	1/28	297,764		—		3.56	%
Senior Notes due 2025	5/25	249,025		249,040		4.12	%
Senior Notes due 2026 4	8/26	569,786		—		4.94	%
Senior Notes due 2027 4	7/27	478,541		—		4.76	%
Senior Notes due 2028	1/28	296,711		296,612		3.85	%
Senior Notes due 2030 4	2/30	562,974		—		5.30	%
Senior Notes due 2030	3/30	296,787		296,813		2.72	%
Senior Notes due 2031 4	3/31	628,617		—		5.13	%
Senior Notes due 2031	3/31	295,424		295,374		2.25	%
Mortgage notes payable	8/23-12/26	84,929		104,650		3.97	%
		$	5,570,139	$	1,801,325

1Includes extension options.

2Balance is presented net of discounts and issuance costs and inclusive of premiums, where applicable.

3On July 20, 2022, the Company entered into an amended and restated credit facility which included a $1.5 billion revolving credit facility, replacing Legacy HR's $700 million credit facility.

4Debt instruments assumed as part of the Merger with Legacy HTA on July 20, 2022. Amounts shown represent fair value adjustments.

5The effective interest rate includes the impact of interest rate swaps on $675.0 million at a weighted average rate of 1.57% (plus the applicable margin rate, currently 105 basis points).

Schedule of Debt Exchange Offers

The following sets forth the results of the Exchange Offers:


Series of Old HR Notes			Tenders and Consents Received as of the Expiration Date	Percentage of Total Outstanding Principal Amount of Such Series of Old HR Notes
3.875	%	Senior Notes due 2025	$235,016,000	94.01	%
3.625	%	Senior Notes due 2028	$290,246,000	96.75	%
2.400	%	Senior Notes due 2030	$297,507,000	99.17	%
2.050	%	Senior Notes due 2031	$298,858,000	99.62	%

Schedule of Senior Notes Assumed with the Merger

The Legacy Senior Notes assumed by the Company consist of the following:


	COUPON			PRINCIPAL OUTSTANDING AS OF
Dollars in thousands		FACE VALUE		9/30/2022		12/31/2021
Senior Notes due 2026	3.50%	$	600,000	$	600,000	$	—
Senior Notes due 2027	3.75%	500,000		500,000		—
Senior Notes due 2030	3.10%	650,000		650,000		—
Senior Notes due 2031	2.00%	800,000		800,000		—
		$	2,550,000	$	2,550,000	$	—