Medical Properties Trust Announces Public Offering of Common Stock
BIRMINGHAM, Ala. -- February 27, 2013
Medical Properties Trust, Inc. (the "Company") (NYSE: MPW) announced today
that it plans to sell 9,000,000 shares of its common stock in an underwritten
public offering. The Company intends to grant the underwriters of the offering
a 30-day option to purchase up to an additional 1,350,000 shares of its common
The Company intends to use the net proceeds from the offering to repay
borrowings under its revolving credit facility and for general corporate
purposes, including investing in additional healthcare properties.
BofA Merrill Lynch, Deutsche Bank Securities, J.P. Morgan, KeyBanc Capital
Markets, and RBC Capital Markets will act as joint book running managers for
The offering of the shares will be made under the Company's effective shelf
registration statement filed with the Securities and Exchange Commission
("SEC"). The Company intends to file a prospectus supplement with the SEC for
the common stock offering to which this communication relates. When available,
the prospectus supplement and accompanying base prospectus may be obtained
from BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus
Department or by e-mail at firstname.lastname@example.org or from Deutsche
Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY
10005-2836, by calling (800) 503-4611 or by e-mail at email@example.com
or by visiting the EDGAR database on the SEC's web site at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation
of an offer to buy any shares of the Company's common stock, nor shall there
be any sale of these securities in any jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. The offering may be made
only by means of a prospectus and a related prospectus supplement, which have
or will be filed with the SEC.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a Birmingham, Alabama based self-advised
real estate investment trust formed to capitalize on the changing trends in
healthcare delivery by acquiring and developing net-leased healthcare
facilities. These facilities include inpatient rehabilitation hospitals,
long-term acute care hospitals, regional acute care hospitals, ambulatory
surgery centers and other single-discipline healthcare facilities.
The statements in this press release that are forward looking are based on
current expectations and actual results or future events may differ
materially. Words such as "expects," "believes," "anticipates," "intends,"
"will," "should" and variations of such words and similar expressions are
intended to identify such forward-looking statements. Forward-looking
statements involve known and unknown risks, uncertainties and other factors
that may cause the actual results of the Company or future events to differ
materially from those expressed in or underlying such forward-looking
statements, including without limitation, the Company’s ability to consummate
this offering and the use of the proceeds therefrom. For further discussion of
the factors that could affect outcomes, please refer to the “A Warning About
Forward Looking Statements” and "Risk Factors" sections of the Company's
Annual Report on Form 10-K for the year ended December 31, 2012 and our other
SEC filings. Except as otherwise required by the federal securities laws, the
Company undertakes no obligation to update the information in this press
Medical Properties Trust
Charles Lambert, 205-397-8897
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