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HealthCare Trust Inc. Announces a New Perpetual Preferred

Non-publicly traded healthcare REIT Healthcare Trust Inc. (not to be confused with Healthcare Trust of America which is ticker HTA) has filed to sell a new issue of preferred stock.

The official preliminary prospectus has NOT been filed yet with the SEC, but the company press release can be found here.

Additionally the company has a new presentation filed with the SEC and it indicates a potential coupon of 7.375% on this new issue. The presentation can be found here.

I like the look of the coupon, but being non traded I am skeptical–more due diligence will be required before I have an interest.

EarlyBird got the worm again on this one posting it to the Reader Initiated Alerts page about an hour ago.

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