Articles from Medical Properties Trust, Inc.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the pricing of the private offering of $1.5 billion in aggregate principal amount of senior secured notes due 2032 (the “USD Notes”) and €1.0 billion aggregate principal amount of senior secured notes due 2032 (the “Euro Notes” and together with the USD Notes, the “Notes”) to be issued by its operating partnership, MPT Operating Partnership, L.P., and MPT Finance Corporation, a wholly-owned subsidiary of the operating partnership (together, the “Issuers”). The offering sizes of the USD Notes and the Euro Notes were revised from the previously announced offering sizes of $2.0 billion and €500 million. The USD Notes priced with a coupon of 8.500% and the Euro Notes priced with a coupon of 7.000%, representing a blended coupon of 7.885%. Interest on the Notes will be payable semi-annually in arrears on February 15 and August 15 of each year, commencing on August 15, 2025, and will mature on February 15, 2032. The offering is expected to close on February 13, 2025, subject to customary closing conditions.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its operating partnership, MPT Operating Partnership, L.P. and MPT Finance Corporation, a wholly-owned subsidiary of the operating partnership (together, the “Issuers”) have commenced a private offering of up to $2.0 billion in aggregate principal amount of its senior secured notes due 2032 and €500 million aggregate principal amount of its senior secured notes due 2032 (together, the “Notes”). The Issuers intend to use a portion of the net proceeds of the Notes to fund the redemption in full of the Issuers’ 3.325% senior notes due 2025, 2.500% senior notes due 2026 and 5.250% senior notes due 2026, including related accrued interest, fees and expenses. The Issuers intend to use any remaining net proceeds for general corporate purposes, which may include repaying other indebtedness, including amounts outstanding from time-to-time under the Company’s revolving credit facility, working capital, capital expenditures and potential future acquisitions.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today issued the below statement in response to Prospect Medical Group’s (“Prospect”) decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has reached an agreement with Viceroy Research LLC (“Viceroy”) and its members to mutually settle and dismiss the defamation lawsuit originally filed in federal court on March 30, 2023. The parties have agreed to keep the terms of the settlement confidential.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of common stock to be paid on January 9, 2025, to stockholders of record on December 12, 2024.

Astrana Health, a leading provider-centric healthcare company based in California, entered into a binding agreement on November 8 to purchase the majority of Prospect’s managed care platform for approximately $745 million and the assumption of certain liabilities. After satisfaction of obligations to the managed care platform’s senior creditor and other liabilities, MPT expects to receive approximately $200 million in total proceeds. The majority of this cash is expected to be received in the first half of 2025, while a $50 million payment is expected by 2027. The transaction remains subject to regulatory approval and other closing conditions.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the third quarter ended September 30, 2024, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, November 7, 2024 at 11:00 a.m. Eastern Time to discuss the company’s third quarter 2024 financial results. A press release with third quarter 2024 financial results will be issued before the market opens on November 7, 2024.

The independent members of the Board of Directors of Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today released a letter to shareholders regarding the findings of an independent, forensic investigation into short-seller allegations, including with respect to transactions between the Company and Steward Healthcare (“Steward”). The Board’s Audit Committee engaged Wachtell, Lipton, Rosen & Katz (“Wachtell Lipton”) to conduct this investigation, which was completed in February 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it reached a global settlement agreement with Steward Health Care System (“Steward”), its secured lenders (“the Lenders”) and the Unsecured Creditors Committee (“UCC”) that restores MPT’s control over its real estate, severs its relationship with Steward and facilitates the immediate transition of operations to quality replacement operators at 15 hospitals around the country.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of common stock to be paid on October 10, 2024, to stockholders of record on September 9, 2024.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the completion of its sale of 11 freestanding emergency department (“FSED”), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health (“UCHealth”) for $86 million. The Company intends to use the proceeds from the transaction to reduce debt and for general corporate purposes.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the second quarter ended June 30, 2024, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, August 8, 2024 at 11:00 a.m. Eastern Time to discuss the company’s second quarter 2024 financial results. A press release with second quarter 2024 financial results will be issued before the market opens on August 8, 2024.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash rents imply a capitalization rate of less than 7.5%. The Company intends to use the proceeds from the transaction to reduce debt and for general corporate purposes.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has published its third annual Corporate Responsibility Report. The 2024 Corporate Responsibility Report (“CRR”) offers a comprehensive view of actions MPT is taking to advance its environmental sustainability, social responsibility and corporate governance priorities. The CRR Report is located in the Responsibility section of the Company’s website www.medicalpropertiestrust.com.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.15 per share of common stock to be paid on July 9, 2024, to stockholders of record on June 10, 2024.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the completion of approximately £631 million ($800 million) in new non-recourse, non-amortizing secured financing backed by certain properties in its U.K. portfolio. The lending group comprises a consortium of global institutional, insurance and pension investors led by Song Capital, a European real estate investment firm.

As described in the Form 12b-25 previously filed by Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) with the Securities and Exchange Commission (the “SEC”), the Company is delayed in the timely filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the “Quarterly Report”) due to additional review procedures required in light of the voluntary bankruptcy petition filed by Steward Health Care System LLC just days prior to the due date for the Quarterly Report. The Company’s independent registered public accounting firm, PricewaterhouseCoopers LLP (“PWC”) has further advised that it requires additional time to complete its interim review of the Quarterly Report. The Company and PWC continue to dedicate significant resources to complete the necessary work to file the Quarterly Report with the SEC as soon as practicable.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the first quarter ended March 31, 2024, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today issued the following statement in response to Steward Health Care’s decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, May 9, 2024 at 11:00 a.m. Eastern Time to discuss the company’s first quarter 2024 financial results. A press release with first quarter 2024 financial results will be issued before the market opens on May 9, 2024.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.15 per share of common stock to be paid on May 1, 2024, to stockholders of record on April 22, 2024.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has sold its interests in five Utah hospitals to a newly formed joint venture (the “Venture”) with an investment fund (the “Fund”) affiliated with a leading multi-strategy, multi-billion dollar institutional asset manager with a proven track record in real estate investments. MPT has retained an approximate 25% interest in the Venture and the Fund purchased an approximate 75% interest for $886 million, fully validating MPT’s underwritten lease base of approximately $1.2 billion. Simultaneous with the closing of this sale transaction, the Venture placed new non-recourse secured financing, providing $190 million of additional cash to MPT based on its share of the proceeds and further confirming underwritten asset values.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it completed its previously announced sale of five facilities in California and New Jersey to Prime Healthcare (“Prime”) for aggregate consideration of $350 million. The total consideration consists of $250 million paid in immediate cash and a $100 million interest-bearing mortgage note due to MPT in nine months.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Wednesday, February 21, 2024 at 12:00 p.m. Eastern Time to discuss the company’s fourth quarter and year-end 2023 financial results. A press release with fourth quarter 2023 financial results will be issued before the market opens on February 21, 2024.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced plans to accelerate its efforts to recover uncollected rents and outstanding loan obligations from Steward Health Care System (“Steward”) and related processes designed to significantly reduce its exposure to Steward.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has been recognized on Newsweek’s list of America’s Most Responsible Companies in 2024. This prestigious award was presented by Newsweek and Statista, Inc. (“Statista”), the world-leading statistics portal and industry ranking provider, on December 6th, 2023, and can currently be viewed on Newsweek’s website.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share of common stock to be paid on January 11, 2024, to stockholders of record on December 7, 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the third quarter ended September 30, 2023, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the closing of the sale of its four remaining Australian facilities to HMC Capital at a 5.7% cash cap rate for around AUD$470 million (approximately $305 million), which will be used to reduce the balance of MPT’s revolving credit facility and to increase cash availability. The Company has also repurchased since the end of the second quarter, in a series of open market transactions, approximately £50 million of its 2.550% Unsecured Notes due in December 2023 at a repurchase yield averaging almost 13%. Following these actions, MPT maintains approximately $950 million of immediate liquidity, which is sufficient to address all remaining 2023 and 2024 debt maturities before considering anticipated dividend savings and expected proceeds from the sale of three Connecticut facilities leased to Prospect.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has again been named one of Modern Healthcare’s Best Places to Work in Healthcare in 2023, a prestigious award program that recognizes outstanding employers in the healthcare industry nationwide. MPT earned a Top 25 ranking among healthcare suppliers and was ranked #6 in the medium sized employer category for companies with between 100 to 999 U.S. employees.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that the Australian Foreign Investment Review Board has approved HMC Capital’s purchase of MPT’s remaining four Australian facilities for approximately AUD$470 million. The transaction is expected to close in October. The 5.7% cash cap rate on the sale demonstrates continued significant third-party demand for essential hospital real estate at pricing that validates MPT’s underwriting, notwithstanding broader macroeconomic market conditions.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that a new video message to shareholders has been posted to its website. In the video, Edward K. Aldag, Jr., MPT’s Chairman, President and Chief Executive Officer, describes the Company’s business model, levers for shareholder value creation, capital allocation priorities, and the reasons MPT remains a unique and compelling investment opportunity.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors has adopted an updated capital allocation strategy designed to significantly strengthen its balance sheet, lower its cost of capital, and position MPT for long-term shareholder value creation.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today responded to the most recent of several false and misleading articles published by the Wall Street Journal, in this case related to the Company’s May 23, 2023 transaction with Prospect Medical Holdings (“Prospect”).

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has sold $105 million of its interest in Steward Health Care System’s (“Steward”) new syndicated asset-backed credit facility to a leading global asset manager with more than $100 billion in assets under management.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the second quarter ended June 30, 2023, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Tuesday, August 8, 2023 at 11:00 a.m. Eastern Time to discuss the company’s second quarter 2023 financial results. A press release with second quarter 2023 financial results will be issued before the market opens on August 8, 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that a new investor presentation has been posted to its website in connection with the Company’s participation in Nareit’s REITweek Investor Conference. The presentation provides a detailed overview of MPT’s enduring value proposition, demonstrates a clear valuation disconnect relative to peers, and dispels continued false and misleading claims about the Company. The presentation can be found on MPT’s investor relations website under Webcasts and Presentations.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has completed, as expected, the sale of seven Australian hospitals for AUD$730 million, with proceeds used to reduce its Australian term loan. MPT additionally settled the pro rata portion of its interest rate swap for a gain of AUD$20 million. The Company expects to close the remaining AUD$470 million in property sales and debt repayment during the current quarter. The 5.7% cap rate implied in the AUD$1.2 billion valuation of MPT’s Australian portfolio provides a strong read-through for similar assets in the Company's U.S. and Western Europe portfolios.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that affiliates of Prospect Medical Holdings (“Prospect”) have completed $375 million in new financings from third-party lenders, the proceeds of which will be used to provide Prospect’s hospital operations with liquidity and capitalize its managed care business for continued growth and value creation in a vibrant market for such businesses.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the commencement of its master lease with CommonSpirit Health (“CommonSpirit”) through CommonSpirit's wholly owned subsidiary of Catholic Health Initiatives Colorado (“CHIC”), to operate five general acute care hospitals in Utah.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the first quarter ended March 31, 2023, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, April 27, 2023 at 11:00 a.m. Eastern Time to discuss the company’s first quarter 2023 financial results. A press release with first quarter 2023 financial results will be issued before the market opens on April 27, 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today issued a statement to address content of a Wall Street Journal article about the Company, published on April 7, 2023. The Company adheres to generally accepted accounting principles as they relate to the REIT industry and healthcare REITs. The in place lease intangible described in the article was previously described in MPT’s disclosures in its form 10-Ks and supplemental filings. In any case, if the CommonSpirit Health (“CommonSpirit”) transaction closes and the Steward Health Care System (“Steward”) lease is terminated, this accounting will have no impact on MPT’s funds from operations, as defined by NAREIT or on a normalized basis. In addition:

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today filed a lawsuit in federal court against Viceroy Research LLC (“Viceroy”), a short-selling firm that has repeatedly published baseless allegations to drive down the Company’s stock price. The lawsuit seeks permanent injunctive relief, disgorgement of ill-gotten gains, and compensatory and punitive damages from Viceroy and its members for defamation, civil conspiracy, tortious interference, private nuisance, and unjust enrichment.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has entered into a definitive agreement to sell its Australian real estate investments operated by Healthscope to affiliates of HMC Capital (ASX: HMC) (“HMC”), an Australian alternative asset manager focused on real estate strategies, including HealthCo Healthcare & Wellness REIT (ASX: HCW) (“HCW”). The transaction is expected to be completed in the second half of 2023, subject to certain regulatory approvals.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the appointment of three current members of its leadership team to the role of Senior Vice President.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today published a Supplemental Update presentation under “Supplementals & Reports” in the Investor Relations section of the Company’s website, https://www.medicalpropertiestrust.com/investor-relations.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that Emmett E. McLean, Executive Vice President, Chief Operating Officer and Secretary, will retire from the Company effective September 1, 2023, after more than 20 years of service.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the fourth quarter and full-year ended December 31, 2022, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock to be paid on April 13, 2023, to stockholders of record on March 16, 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has agreed to lease its entire Utah hospital portfolio to Catholic Health Initiatives Colorado (“CHIC”), a wholly owned subsidiary of CommonSpirit Health (“CommonSpirit”), subsequent to CHIC’s pending acquisition of the Utah hospital business currently operated by Steward Health Care System (“Steward”). Centura Health (“Centura”) will manage the facilities for CHIC.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that Lifepoint Health (“Lifepoint”) has completed its previously announced acquisition of a majority ownership interest in Springstone Health Opco, LLC (“Springstone”) from Springstone’s management group.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, February 23, 2023 at 11:00 a.m. Eastern Time to discuss the company’s fourth quarter and year-end 2022 financial results. A press release with fourth quarter 2022 financial results will be issued before the market opens on February 23, 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that the assumption of its master lease of four Los Angeles area hospitals and two medical office buildings by Pipeline Health (“Pipeline”) has been approved as part of Pipeline’s successful confirmation of its plan of reorganization (the “Plan”), which provides for Pipeline’s exit from bankruptcy proceedings. The pre-bankruptcy lease rate, annual escalator, remaining term of approximately 18 years and other material lease provisions remain unchanged. The Court-approved Plan reconfirms the characterization of the master lease as a true operating lease rather than a financing arrangement.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock to be paid on January 12, 2023, to stockholders of record on December 8, 2022.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the third quarter ended September 30, 2022, as well as certain events occurring subsequent to quarter end.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, October 27, 2022 at 11:00 a.m. Eastern Time to discuss the company’s third quarter 2022 financial results. A press release with third quarter 2022 financial results will be issued before the market opens on October 27, 2022.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors has authorized the repurchase of up to $500 million of MPT’s outstanding common stock before October 2023.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has entered into definitive agreements for the sale of three Connecticut hospitals to Prospect Medical Holdings (“Prospect”), the current lessee. Separately, Yale New Haven Health (“Yale”) has agreed to acquire the hospital operations from Prospect in a contemporaneous transaction.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has successfully re-leased its Watsonville Community Hospital in Watsonville, CA to Pajaro Valley Health Care District Corporation (“Pajaro”) and has sold certain facilities to Prime Healthcare (“Prime”) pursuant to a tenant purchase option.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that a subsidiary of LifePoint Health, Inc. (“LifePoint”) has agreed to acquire a majority interest in Springstone Health Opco, LLC (“Springstone”) from the current management group based on an enterprise value of $250 million.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock to be paid on October 13, 2022, to stockholders of record on September 15, 2022.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the second quarter ended June 30, 2022, as well as certain events occurring subsequent to quarter end. MPT plans to also publish an Investor Update presentation under “Webcasts & Presentations” in the Investor Relations section of the Company’s website, https://investor-relations.medicalpropertiestrust.com/.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Wednesday, August 3, 2022 at 1:00 p.m. Eastern Time to discuss the company’s second quarter 2022 financial results. A press release with second quarter 2022 financial results will be issued before the market opens on August 3, 2022.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that its Board of Directors declared a quarterly cash dividend of $0.29 per share of common stock to be paid on July 14, 2022, to stockholders of record on June 16, 2022.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has published its inaugural Corporate Responsibility Report. The report, which is located on the Company’s website www.medicalpropertiestrust.com, is designed to further acquaint MPT’s stakeholders with the various initiatives the Company has adopted with respect to environmental, social and governance matters. The report provides insight into MPT’s business model and the underlying philosophy that guides our corporate behavior in terms of how we view our responsibility to the environment, our employees, communities, tenants and shareholders.

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced financial and operating results for the first quarter ended March 31, 2022, as well as certain events occurring subsequent to quarter end, continuing its record of double-digit growth in per share normalized funds from operations. MPT plans to also publish an Investor Update presentation under “Webcasts & Presentations” in the Investor Relations section of the Company’s website, https://investor-relations.medicalpropertiestrust.com/.

Medical Properties Trust, Inc. (NYSEMPW) today announced it will host a conference call and webcast on Thursday, April 28, 2022 at 11:00 a.m. Eastern Time to discuss the company’s first quarter 2022 financial results. A press release with first quarter 2022 financial results will be issued before the market opens on April 28, 2022.

Immediately prior to the forward-looking statement language, the sentence should read: CBRE and Goldman Sachs & Co. LLC acted as financial advisers, and Goodwin Procter and Baker Donelson PC acted as legal advisers for MPT. (instead of CBRE acted as financial adviser, and Goodwin Procter and Baker Donelson PC acted as legal advisors for MPT.)

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced that it has completed the previously announced transaction with Macquarie Infrastructure Partners V, a private fund managed by Macquarie Asset Management (“MAM”) to form a partnership pursuant to which a MAM controlled subsidiary has acquired a 50% interest in a portfolio of eight Massachusetts-based general acute care hospitals owned by MPT and operated by Steward Health Care System (“Steward”).

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSEMPW) today announced the appointment of Emily W. Murphy to its Board of Directors. Currently, Ms. Murphy is a Senior Fellow with the Center for Government Contracting at George Mason University Business School, serves on the Boards of Advisors for Skillstorm and Vita Inclinata, works with high growth companies as a coach with CEO Coaching International, and consults with government contractors. Ms. Murphy was appointed as an independent member of MPT’s Board of Directors based on the unanimous recommendation of MPT’s Ethics, Nominating and Corporate Governance Committee. With the appointment of Ms. Murphy, MPT’s Board of Directors has increased to a total of nine members. MPT expects that Ms. Murphy will be nominated for re-election at the Company’s annual meeting of stockholders to be held on May 26, 2022.