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Medical Properties Trust, Inc
MPW
announced today that it has priced its underwritten public offering of
25,000,000 shares of common stock at a public offering price of $12.25
per share. The Company has granted the underwriters a 30-day option to
purchase up to an additional 3,750,000 shares of its common stock. The
Company estimates that the net proceeds from the offering, after
underwriting discounts and commissions and estimated offering expenses,
will be approximately $293,000,000, or approximately $337,100,000 if the
underwriters' option to purchase additional shares is exercised in full.
The Company intends to use the net proceeds from the offering to
partially fund its previously announced acquisition of Capella Holdings,
Inc. ("Capella"). The offering
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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