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Medical Properties Trust Inc announces public offering of 8,000,000 shares of common stock

Wednesday, 5 Mar 2014 04:08pm EST 

Medical Properties Trust Inc:Issues an underwritten public offering of 8,000,000 shares of its common stock.Intends to grant the underwriters of the offering a 30-day option to purchase up to an additional 1,200,000 shares of its common stock.Net proceeds will be used for acquisition and development purposes, general corporate activities and also to repay borrowings.Credit Suisse Securities (USA) LLC and Jefferies LLC are acting as joint book-running managers for the offering. 

Company Quote

-0.1 -0.68%
12:13pm EDT