Medical Properties Trust (MPW) Reports In-Line Q1 FFO

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Medical Properties Trust, Inc. Reports 25% Growth in First Quarter Normalized FFO to $0.35 Per Share

May 4, 2016 8:32 AM EDT

Achieves Deleveraging Goals Ahead of Schedule, Reduces Revolver Borrowings by $1.0 Billion and Significantly Improves Liquidity and Leverage Ratios

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced financial and operating results for the first quarter ended March 31, 2016.

Our execution of our asset repositioning and deleveraging strategy has been nothing short of outstanding, said Edward K. Aldag, Jr., MPTs Chairman, President and Chief Executive Officer. It was only late last year that we initiated this plan, announcing that we had received strong... More

Medical Properties Trust Completes Capella Transactions

May 2, 2016 8:30 AM EDT

Applies Net Proceeds of $550 Million to Strengthen Balance Sheet

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced that it has completed the previously announced merger of the Companys investment in the operations of Capella Healthcare, Inc. and RegionalCare Hospital Partners, Inc., and the related prepayment of two mortgages on Capella hospital facilities. Net proceeds from the transactions were used to reduce the Companys borrowings by approximately $550 million.

This transaction creates a stronger, well-capitalized tenant for MPT while at the same... More