Medical Properties Trust announces $2.4 billion senior secured notes offering due 2032
MPW•MPW•MPW•MPW•The transaction is expected to cut total principal debt by about $123 million to $9.5 billion and extend maturities to 2032.
Interest will be payable semi-annually starting Dec. 15, 2026, and the notes will mature on Feb. 15, 2032. Closing is expected imminently.
Medical Properties Trust announced a private refinancing expected to issue $2.4 billion of 9.25% Senior Secured Notes due 2032.
The company said the proceeds are earmarked to redeem senior notes due 2026 in full, partially redeem senior notes due 2027, and refinance about $1.5 billion of unsecured notes.
