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Medical Properties Trust Inc (MPW.N)

MPW.N on New York Stock Exchange

12.80USD
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Medical Properties Trust to invest $1.4 bln in 10 acute care hospitals and a behavioral health facility
Friday, 19 May 2017 08:40am EDT 

May 19 (Reuters) - Medical Properties Trust Inc ::Medical Properties Trust - to acquire real estate interests of ten acute care hospitals and one behavioral health facility currently operated by IASIS healthcare.Medical Properties Trust Inc - Medical Properties Trust, inc. To invest $1.4 billion in ten acute care hospitals and one behavioral health facility.Medical Properties Trust Inc says acquisitions immediately accretive to normalized ffo by approximately $0.10 per share.Medical Properties Trust Inc - steward and iasis separately announced a simultaneous merger transaction, completion of which is a condition of mpt's investment.Medical Properties Trust - expects to finance acquisitions with proceeds from combination of fully committed $1.0 billion term loan with term up to 2 years.Medical Properties Trust Inc - additionally, mpt is making a $100 million preferred equity investment in steward.Medical Properties Trust- to also finance acquisitions with its revolving credit facility, possible issuance of long-term unsecured notes.Medical Properties - co's pro forma investment of $3.3 billion in steward will include co's existing investment in hospital real estate leased to iasis.Medical Properties - interests in ten acute care hospitals & one behavioral health facility to be operated by steward health care when deal is completed.Medical Properties Trust Inc - MPT's pro forma investment of $3.3 billion to generate about $298 million in annual revenue.  Full Article

Medical Properties Trust announces public offering of 37.5 mln shares
Tuesday, 25 Apr 2017 04:05pm EDT 

April 25 (Reuters) - Medical Properties Trust Inc -:Medical Properties Trust announces public offering of 37,500,000 shares of common stock.Medical Properties Trust-to use proceeds from offering to fund cash purchase price payable by mpt in connection with acquisition of eight hospitals in florida.  Full Article

Medical Properties Trust describes plans for restructuring of Adeptus Health
Tuesday, 4 Apr 2017 09:26am EDT 

Medical Properties Trust Inc : Medical Properties Trust, Inc. Describes plans for restructuring of adeptus health, inc. Leases . Medical Properties Trust Inc - mpt will provide a one-time rental credit of approximately $3.1 million during 12 months commencing upon bankruptcy exit . Medical Properties Trust -expects to re-lease or sell certain texas facilities representing approximately 15% of total existing adeptus master lease value . Medical Properties Trust Inc - deerfield management company l.p. Managed funds to recapitalize adeptus and mpt master leases to be assumed .In cooperation with adeptus, Louisiana facilities re-leased directly to ochsner clinic foundation.  Full Article

Medical Properties Trust announces offering of Euro 500 mln of senior notes
Tuesday, 14 Mar 2017 05:15am EDT 

Medical Properties Trust Inc : Medical properties trust announces public offering of eur500 million of senior notes . intend to use about eur200 million of net proceeds from this offering of notes to prepay eur200 million of outstanding term loans .intend to use about eur200 million of remaining net proceeds to finance remaining closings of assets it would acquire from Median Kliniken Group.  Full Article

Medical Properties Trust hikes quarterly dividend by 4 pct
Thursday, 16 Feb 2017 04:48pm EST 

Medical Properties Trust Inc :Medical Properties Trust, Inc. increases regular quarterly dividend by four percent to $0.24 per share.  Full Article

Medical Properties Trust posts Q4 adj. FFO per share $0.31
Thursday, 9 Feb 2017 08:33am EST 

Medical Properties Trust Inc : Medical Properties Trust Inc reports fourth quarter results . Q4 adjusted FFO per share $0.31 . Q4 revenue $153.3 million versus I/B/E/S view $151.1 million . Sees FY 2017 adjusted FFO per share $1.35 to $1.40 . FY2017 FFO per share view $1.35 -- Thomson Reuters I/B/E/S . Medical Properties Trust Inc says company reaffirms 2017 normalized FFO guidance between $1.35 and $1.40 per diluted share .Company reaffirms 2017 net income guidance as a range of between $0.97 and $1.03 per diluted share.  Full Article

Medical Properties Trust has priced its underwritten public offering of 50 million shares of its common stock
Tuesday, 27 Sep 2016 08:26am EDT 

Medical Properties Trust Inc : Medical properties trust announces upsizing and pricing of public offering of common stock . Has priced its underwritten public offering of 50 million shares of its common stock, upsized from 33.5 million shares . Priced 50 million shares at $14.50 per share .Intends to use net proceeds to partially fund acquisition of portfolio of assets from steward health care system among others.  Full Article

Medical Properties Trust announces public offering of 33.5 mln shares
Monday, 26 Sep 2016 04:05pm EDT 

Medical Properties Trust Inc : Medical properties trust announces public offering of 33,500,000 shares of common stock . Intends to use net proceeds to partially fund acquisition of a portfolio of assets from steward health care system llc . Intends to use net proceeds to partially fund portion of acquisition of assets from affiliates of median kliniken s.à.r.l. .Offering is not conditioned upon successful completion of steward or median acquisitions.  Full Article

Medical Properties Trust to invest $1.25 bln in 9 Acute Care Hospitals
Monday, 26 Sep 2016 04:04pm EDT 

Medical Properties Trust Inc : Medical Properties Trust says $1.25 bln total value of transaction includes $1.2 billion investment in hospital real estate, $50 million equity investment in steward (adds source) . Medical Properties Trust, Inc. to invest $1.25 billion in nine acute care hospitals . Medical Properties Trust Inc says immediately accretive transaction increases company's asset base to approximately $7 billion . Real estate to be acquired from and leased to Steward Health Care System LLC, an affiliate of Cerberus Capital Management . Cerberus affiliate has agreed to invest $150 million in MPW's common stock in a private placement transaction .Agreement also includes a right of first refusal for MPT to acquire future Steward Hospitals.  Full Article

Medical Properties reports Q2 adjusted FFO per share of $0.32
Thursday, 4 Aug 2016 08:35am EDT 

Medical Properties Trust Inc : Q2 adjusted FFO per share $0.32 . Medical properties trust, inc. Reports second quarter results . Sees fy 2016 adjusted FFO per share $1.29 to $1.33 . Reaffirms estimates that 2016 normalized ffo will range from $1.29 to $1.33 per share . Fy2016 FFO per share view $1.29 -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.24, revenue view $128.4 million -- Thomson Reuters I/B/E/S . Management estimates that 2016 net income will range from $0.98 to $1.01 per share . Fy2016 earnings per share view $0.95, revenue view $510.8 million -- Thomson Reuters I/B/E/S . Q2 total revenues $126.3 million versus $99.8 million .Q2 FFO per share view $0.32 -- Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Medical Properties Trust to invest $1.4 bln in 10 acute care hospitals and a behavioral health facility

* Medical Properties Trust - to acquire real estate interests of ten acute care hospitals and one behavioral health facility currently operated by IASIS healthcare