Breaking News

Tweet TWEET

Medical Properties Trust Announces Pricing of €200 Million of 5.75% Senior Notes by Its Operating Partnership And MPT Finance

  Medical Properties Trust Announces Pricing of €200 Million of 5.75% Senior
  Notes by Its Operating Partnership And MPT Finance Corporation

Business Wire

BIRMINGHAM, Ala. -- September 26, 2013

Medical Properties Trust, Inc. (the “Company”) (NYSE: MPW) announced today
that the previously announced public offering of €200 million aggregate
principal amount of senior notes due 2020 (the “Notes”) by its operating
partnership, MPT Operating Partnership, L.P., a Delaware limited partnership
(the “Operating Partnership”), and MPT Finance Corporation, a Delaware
corporation and wholly-owned subsidiary of the Operating Partnership (“MPT
Finance,” and together with the Operating Partnership, the “Issuers”), priced
today with a coupon of 5.75%. The Notes will be senior unsecured obligations
of the Issuers, 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
Notes to finance its previously announced acquisition of 11 post acute
facilities in Germany from RHM Klinik-und Altenheimbetriebe GmbH & Co. KG (the
“Acquisition”). The Operating Partnership intends to use any remaining net
proceeds for general corporate purposes. The proceeds of the offering will be
placed in escrow pending the completion of the Acquisition. If the conditions
to closing the Acquisition are not satisfied or waived on or prior to 90 days
after the closing of the offering of Notes, the Issuers will be required to
redeem the Notes.

BofA Merrill Lynch, Deutsche Bank Securities Inc. and J.P. Morgan Securities
Plc are acting as joint book-running managers, and Banco Bilbao Vizcaya
Argentaria, S.A. and RBC Europe Limited are acting as lead managers for the
offering of Notes.

The offering of the Notes is expected to close on or about October 10, 2013,
subject to certain closing conditions. The offering of the Notes was made
under an effective shelf registration statement of the Company, the Issuers
and certain subsidiaries of the Operating Partnership as guarantors and a
related preliminary prospectus supplement and free writing prospectus. The
Company intends to file a final prospectus supplement with the Securities and
Exchange Commission for the offering of the Notes to which this communication
relates. When available, the final 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
Securities and Exchange Commission's web site at www.sec.gov.

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 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 Notes may be made only by means of a prospectus, which has or will be filed
with the Securities and Exchange Commission.

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 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.

Contact:

Medical Properties Trust, Inc.
Charles Lambert, 205-397-8897
Managing Director – Capital Markets
clambert@medicalpropertiestrust.com
 
Press spacebar to pause and continue. Press esc to stop.