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Medical Properties Trust, Inc. common stock (MPW)

4.6900
-0.0100 (-0.21%)

Medical Properties Trust is a real estate investment trust (REIT) that specializes in acquiring and managing healthcare facilities

The company focuses primarily on owning hospitals and other healthcare-related properties, which it leases to various operators and healthcare providers across the United States and internationally. By investing in high-quality healthcare assets, Medical Properties Trust aims to generate stable rental income, while also contributing to the overall improvement and accessibility of healthcare services. Through its strategic acquisitions and management practices, the company plays a crucial role in the healthcare real estate sector, providing valuable support to the operators of the facilities it owns.

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Medical Properties Trust Announces Pricing of $1.5 Billion 8.500% Senior Secured Notes Due 2032 and €1.0 Billion 7.000% Senior Secured Notes Due 2032
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.
By Medical Properties Trust, Inc. · Via Business Wire · January 30, 2025
Medical Properties Trust Announces Private Offering of Senior Secured Notes
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.
By Medical Properties Trust, Inc. · Via Business Wire · January 29, 2025
Medical Properties Trust Comments on Prospect Restructuring
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.
By Medical Properties Trust, Inc. · Via Business Wire · January 12, 2025
Medical Properties Trust Announces Settlement with Viceroy Research
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.
By Medical Properties Trust, Inc. · Via Business Wire · December 18, 2024
Medical Properties Trust Declares Regular Quarterly Dividend
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.
By Medical Properties Trust, Inc. · Via Business Wire · November 21, 2024
Medical Properties Trust Announces Prospect’s Binding Agreement to Sell Managed Care Business to Astrana Health
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.
By Medical Properties Trust, Inc. · Via Business Wire · November 8, 2024
Medical Properties Trust, Inc. Reports Third Quarter Results
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.
By Medical Properties Trust, Inc. · Via Business Wire · November 7, 2024
Medical Properties Trust, Inc. Announces Third Quarter 2024 Financial Results Conference Call and Webcast
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.
By Medical Properties Trust, Inc. · Via Business Wire · October 29, 2024
Medical Properties Trust Releases Findings of Independent Investigation Into Short-seller Allegations
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.
By Medical Properties Trust, Inc. · Via Business Wire · October 14, 2024
Medical Properties Trust Takes Control of Its Real Estate From Steward Health Care
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.
By Medical Properties Trust, Inc. · Via Business Wire · September 11, 2024
Medical Properties Trust Declares Regular Quarterly Dividend
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.
By Medical Properties Trust, Inc. · Via Business Wire · August 22, 2024
Medical Properties Trust Sells 11 Colorado Facilities for $86 Million
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.
By Medical Properties Trust, Inc. · Via Business Wire · August 14, 2024
Medical Properties Trust, Inc. Reports Second Quarter Results
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.
By Medical Properties Trust, Inc. · Via Business Wire · August 8, 2024
MEDICAL PROPERTIES TRUST INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Medical Properties Trust, Inc. - MPW
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Medical Properties Trust, Inc. (“MPT” or the “Company”) (NYSEMPW).
By Kahn Swick & Foti, LLC · Via Business Wire · August 5, 2024
Medical Properties Trust, Inc. Announces Second Quarter 2024 Financial Results Conference Call and Webcast
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.
By Medical Properties Trust, Inc. · Via Business Wire · August 1, 2024
Medical Properties Trust Completes $160 Million Sale of Eight Arizona Facilities
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 Publishes Its Third Annual Corporate Responsibility Report
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 Declares Regular Quarterly Dividend
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 Closes $800 Million 10-Year Loan Secured by U.K. Hospital Portfolio
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.
Medical Properties Trust Comments on Delayed Form 10-Q Filing and Related Notice From NYSE
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. Reports First Quarter Results
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 Comments on Steward Health Care Restructuring
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. Announces First Quarter 2024 Financial Results Conference Call and Webcast
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.
By Medical Properties Trust, Inc. · Via Business Wire · April 26, 2024
Medical Properties Trust Inc. (NYSE: MPW) is One of Monday Morning’s Most Active Stocks
Medical Properties Trust, Inc. (NYSEMPW) is one today’s most active stocks by volume. So far today, approximately 25.51M shares of Medical Properties Trust, Inc. have been exchanged, as compared to an average 30-day volume of 14.69M shares.
Via Investor Brand Network · April 15, 2024
Medical Properties Trust Declares Regular Quarterly Dividend
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.
By Medical Properties Trust, Inc. · Via Business Wire · April 12, 2024