Medical Prop - MPW STOCK NEWS

Medical Properties Trust, Inc. (NYSE: MPW) announced a conference call on February 3, 2022, at 11:00 a.m. Eastern Time to discuss its fourth quarter and year-end 2021 financial results. The results will be released prior to market opening on the same day. The call can be accessed via dial-in numbers or through a live webcast on their Investor Relations website. A replay will be available until February 17, 2022.

Medical Properties Trust, Inc. (MPW) declared a quarterly cash dividend of $0.28 per share, to be paid on January 13, 2022. This dividend will be available to stockholders on record as of December 9, 2021. Founded in 2003, MPT has expanded to own around 440 hospital facilities worldwide, offering approximately 46,000 licensed beds. The company's innovative financing model allows hospital operators to leverage real estate assets for improvements and technology upgrades.

Medical Properties Trust (MPW) reported a third-quarter net income of $171 million, or $0.29 per diluted share, up from $131 million in the prior year. Normalized Funds from Operations (NFFO) rose to $263 million ($0.44 per diluted share), reflecting year-to-date growth. The company completed significant transactions, including a $900 million sale-leaseback of hospitals and a $760 million deal for behavioral health facilities. These moves are expected to generate $1.5 billion in capital and reduce leverage, bolstering MPW's financial position.

Medical Properties Trust, Inc. (NYSE: MPW) will host a conference call on October 28, 2021, at 11:00 a.m. Eastern Time to discuss its third quarter 2021 financial results. A press release detailing these results will be available prior to the market opening on the same day. Investors can join the call via dial-in or by accessing the live webcast on the company’s website. Replay options will be available for both the call and the webcast for a limited time.

Medical Properties Trust (MPW) announced the pricing of its public offering of euro-denominated notes, maturing on October 15, 2026, with a coupon rate of 0.993%. The offering aims to generate approximately €496 million ($588 million) in net proceeds, which will be used to redeem existing 4.000% senior unsecured notes due 2022. The offering is expected to close on October 6, 2021. The notes will be senior unsecured obligations and are guaranteed by the Company.

Medical Properties Trust (MPW) announced plans to offer senior notes through its operating partnership and subsidiary. The proceeds aim to redeem existing senior unsecured notes due 2022 and support general corporate needs, including debt repayment, working capital, and potential acquisitions. Major financial institutions, including Barclays and Goldman Sachs, will manage the offering under an effective shelf registration with the SEC. MPW operates as a prominent real estate investment trust specializing in hospital facilities, boasting around 440 properties globally.

Medical Properties Trust (NYSE: MPW) has signed a new master lease agreement with HCA Healthcare (NYSE: HCA), leasing most of its Utah hospitals after HCA's acquisition of five facilities from Steward Health Care System. The $1.2 billion purchase places HCA among MPW's top-five tenants, representing about 5.0% of MPW's gross assets. The new 15-year lease includes five extension options and annual rent increases tied to CPI. The deal, expected to close in H1 2022, reinforces MPW's investment strategy and tenant relationships, having generated over $300 million in rent since 2017.

Medical Properties Trust (MPT) announced a partnership with Macquarie Infrastructure Partners V to sell a 50% stake in eight Massachusetts hospitals for approximately $1.78 billion, generating expected cash proceeds of $1.3 billion. This transaction aims to strengthen MPT's balance sheet by repaying debt and funding $950 million in behavioral health investments. MPT anticipates a net debt-to-EBITDA ratio of 6.2x and an annual run-rate of $1.16 to $1.20 per diluted share for net income post-transaction. The partnership reflects MPT's investment strategy and diversification efforts.