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Market Chatter: Medical Properties Trust Near Debt Deal for UK Hospitals
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Market Chatter: Medical Properties Trust Near Debt Deal for UK Hospitals
May 23, 2024 10:14 AM

12:55 PM EDT, 05/23/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) is close to announcing a 650 million British-pound ($826.3 million) deal with a group of financial institutions to refinance debt secured against 27 hospitals in the UK, Sky News reported Thursday.

The refinancing was being led by Song Capital, the report said, citing unnamed sources.

Medical Properties Trust ( MPW ) and Song Capital didn't immediately respond to requests for comment from MT Newswires.

Shares of Medical Properties Trust ( MPW ) rose 4.3% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 5.17, Change: +0.22, Percent Change: +4.34

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