Medical Properties Trust (MPW) prices £850 million senior notes offering.

Medical Properties Trust, Inc. (MPW) announced today that is has priced a two-part offering of £850 million senior unsecured notes.  Proceeds will be used to refinance outstanding bank debt.  The offering includes:

• • • £500 million 2.500% senior unsecured notes due 2026.  The 2026 notes were priced to yield 2.514%, or +210 basis points to the benchmark rate.
    • £350 million 3.375% senior unsecured notes due 2030.  The 2030 notes were priced to yield 3.446%, or +255 basis points to the benchmark rate.

Established in 2004, Medical Properties Trust, Inc. (MPW) is an equity REIT specializing in the acquisition and management of higher-acuity healthcare properties in the U.S., Australia, and Europe.  MPW has a total market capitalization of approximately $20 billion and is a member of the S&P MidCap 400 index.

03/17/2021