Standard & Poor's upgrades HTA's investment grade credit rating to BBB
Published on May 16, 2014 at 7:22 AM
Healthcare Trust of America, Inc. (NYSE: HTA) announced today that Standard & Poor's ("S&P") has upgraded HTA's investment grade credit rating to BBB, with a stable outlook. S&P specifically cited HTA's well occupied, on-campus medical office building portfolio, conservative credit metrics, and the successful progress of the company's in-house asset management and leasing platform as rationale for the upgrade.
"We are pleased to announce the upgrade by S&P. This validates the industry-leading performance of our high quality portfolio of medical office buildings and the strength of our internal property management and leasing platform. This performance continues to provide stable and predictable returns for our stockholders," stated HTA's Chief Executive Officer, Scott D. Peters.
Healthcare Trust of America, Inc.