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.
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, 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, February 27, 2025 at 11:00 a.m. Eastern Time to discuss the company’s fourth quarter and year-end 2024 financial results. A press release with fourth quarter 2024 financial results will be issued before the market opens on February 27, 2025.
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 April 10, 2025, to stockholders of record on March 10, 2025.
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.
The combination of lower demand and higher costs created substantial headwinds for growth and dividend distributions. As a result, many REITs cut or suspended their dividends in 2024.
