Medical Properties Trust Announces Public Offering of €200 Million of Senior
Proceeds to be Used to Fund Acquisition of 11 Post Acute Facilities in Germany
BIRMINGHAM, Ala. -- September 23, 2013
Medical Properties Trust, Inc. (the “Company”) (NYSE: MPW) announced today
that its operating partnership, MPT Operating Partnership, L.P. (the
“Operating Partnership”), and MPT Finance Corporation, a wholly owned
subsidiary of the Operating Partnership (“MPT Finance”), intend to offer,
subject to market and other conditions, €200 million aggregate principal
amount of senior notes due 2020. The notes will be senior unsecured
obligations of the Operating Partnership and MPT Finance, guaranteed by the
Company and by certain subsidiaries of the Operating Partnership.
The Operating Partnership intends to use the net proceeds from the offering of
the notes to finance its previously announced acquisition of 11 post acute
facilities in Germany from RHM Klinik-und Altenheimbetriebe GmbH & Co. KG. The
Operating Partnership intends to use any remaining net proceeds for general
BofA Merrill Lynch, Deutsche Bank Securities Inc. and J.P. Morgan Securities
Plc will act as joint book-running managers, and Banco Bilbao Vizcaya
Argentaria, S.A. and RBC Europe Limited will act as lead managers for the
proposed offering of senior notes. The offering of senior notes will be made
under an effective shelf registration statement of the Company, the Operating
Partnership, MPT Finance Corporation and certain subsidiaries as guarantors.
The Company intends to file a prospectus supplement with the Securities and
Exchange Commission ("SEC") for the senior notes offering. When available, the
prospectus supplement may be obtained from BofA Merrill Lynch, 2 King Edward
Street, EC1A 1HQ London or from Deutsche Bank Securities Inc., Attn:
Prospectus Group, 60 Wall Street, New York, NY 10005-2836 or from J.P. Morgan
Securities LLC, 383 Madison Avenue, 3rd Floor, New York, NY 10179, Attn:
Syndicate or by visiting the EDGAR database on the SEC's web site at
This press release does not constitute an offer to sell or a solicitation of
an offer to buy any securities of the Company or any of its subsidiaries, nor
shall there be any sale of any such 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
of senior notes may be made only by means of a prospectus, which has 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
the senior notes offering and the use of the proceeds therefrom, including the
acquisition of 11 post acute facilities in Germany from RHM Klinik-und
Altenheimbetriebe GmbH & Co. KG. 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 its other SEC filings and “Risk
Factors” section contained in the prospectus. Except as otherwise required by
the federal securities laws, the Company undertakes no obligation to update
the information in this press release.
Medical Properties Trust, Inc.
Charles Lambert, 205-397-8897
Managing Director – Capital Markets
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