Healthcare Realty Trust Prices Offering Of 8,000,000 Shares Of Common Stock

NASHVILLE, Tenn., June 28, 2016 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) announced the pricing of its underwritten public offering of 8,000,000 newly issued shares of common stock.  The gross proceeds of the offering, before deducting estimated offering expenses and underwriting discounts and before giving effect to the underwriters' option, if exercised, will be $268 million.  As part of the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares.  The Company intends to use the net proceeds from this offering for general corporate purposes, including the acquisition and development of outpatient healthcare facilities.  Pending such investments, the Company will apply the net proceeds to outstanding indebtedness under its unsecured credit facility and unsecured term loan and to the repayment of mortgage debt.  Completion of the offering is subject to customary closing conditions and is expected to occur on or about July 5, 2016.

Wells Fargo Securities and J.P. Morgan are acting as joint book-running managers for the offering.  Copies of the prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, from Wells Fargo Securities, 375 Park Avenue, New York, New York 10152, Attention: Equity Syndicate Department, telephone: (800) 326-5897, email: cmclientsupport@wellsfargo.com or J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: (866) 803-9204.

The offering is being made solely by means of a prospectus supplement to the Company's prospectus, dated February 19, 2014, filed as part of the Company's effective shelf registration statement relating to these securities. This press release is not an offer to sell, nor a solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

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