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Medical Properties Trust
Medical Properties Trust Announces Pricing of $75 Million of Exchangeable Senior Notes
April 5th, 2008
Medical Properties Trust, Inc. (the "Company") (NYSE: MPW) announced that its operating partnership, MPT Operating Partnership, L.P. (the "operating partnership"), has priced a private offering of $75 million aggregate principal amount of its exchangeable senior notes due 2013 to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. The operating partnership has granted the initial purchasers an option to purchase up to an additional $11.25 million aggregate principal amount of notes to cover over-allotments, if any. The notes will pay interest semi-annually at a rate of 9.25% per annum and mature on April 1, 2013. The...
Source: Law & Health Weekly (2008-04-05)
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