MPT completes sale of two hospitals for $371 million in cash
The transaction generates approximately $130 million over gross book value and reduces debt. Total third quarter asset sale proceeds reach approximately $680 million.
See the latest news and media coverage for MPT. We track all announcements, press releases, and industry mentions in real time, all in one place.
Hospital real estate investment trust
mpt.comLast updated
In short: MPT executed a $2.4 billion debt refinancing to extend maturities to 2032 and reported financial results amid ongoing asset sales.
The transaction generates approximately $130 million over gross book value and reduces debt. Total third quarter asset sale proceeds reach approximately $680 million.
The transaction is expected to reduce total debt by approximately $123 million and materially reduce near-term unsecured note maturities through 2028.
Net income per share was $0.05 and NFFO was $0.14; MPT sold two facilities for $31 million and acquired a European facility for €23 million.
The per share price is 5% above carrying value, with MPT expecting about $150 million in aggregate cash receipts.
Transaction Brings Total Third Quarter Asset Sale Proceeds to Approximately $680 Million ...
Medical Properties Trust faces high debt, rising interest costs, and cash burn. Click here to read my most recent analysis of MPT stock.
Medical Properties Trust stock has a $4.15 consensus target and closed at $4.04 on September 2, 2026. MarketBeat said analysts stayed cautious after fresh target...
BlackRock Inc. acquired a new stake in Medical Properties Trust, Inc. (NYSE:MPT - Free Report) during the second quarter, according to its most recent filing...
Track MPT and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to MPT and other trending companies.