Medical Properties Trust (MPW) Announces 9M Common Offering

Article Related Press Releases (1) Related Articles (1) Stock Quotes (1) Comments (0)

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 stock.

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.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Lucas Energy (LEI) Files $10M Mixed Shelf
• Tesla Motors (TSLA) to Offer 2.7M Common, $450M Convertible Senior Notes
• Cyclacel (CYCC) Prices 6.67M Common Stock Offering

Create E-mail Alert Related Categories

Equity Offerings

Related Entities

Deutsche Bank, JPMorgan, KeyBanc, Merrill Lynch, Bank of America, RBC Capital

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?