Medical Properties Trust Announces Cash Tender Offer for the Aggregate Principal Amount of Certain of Its Subsidiary's Outstanding Notes
Medical Properties Trust, Inc. (NYSE: MPW) today announced that it has commenced a cash tender offer to purchase any and all of the outstanding 9.25% Exchangeable Senior Notes due 2013 issued by the Company's operating partnership, MPT Operating Partnership, L.P.
The tender offer will expire at 12:00 midnight, New York City time, on July 13, 2011, unless extended or earlier terminated by the Company. $82,000,000 aggregate principal amount of the exchangeable notes were outstanding as of June 15, 2011.
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