Medical Properties Trust Announces Pricing of $450M Aggregate Principal Amount of 6.875% Senior Notes Offering by Its Operating Partnership and MPT Finance Corporation
Medical Properties Trust, Inc. (NYSE: MPW) announced that the previously announced private offering of $450 million aggregate principal amount of senior notes due 2021 by its operating partnership, MPT Operating Partnership, L.P., a Delaware limited partnership, and MPT Finance Corporation, a Delaware corporation and wholly owned subsidiary of the Operating Partnership, priced today with a coupon of 6.875%, at an issue price of 100%.
The Notes will be senior unsecured obligations of the Issuers, guaranteed by the Company and certain subsidiaries of the Operating Partnership.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.