financetom
Business
financetom
/
Business
/
Medical Properties Trust Closes $800 Million Loan Backed by UK Hospital Portfolio
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Medical Properties Trust Closes $800 Million Loan Backed by UK Hospital Portfolio
May 24, 2024 7:14 AM

09:58 AM EDT, 05/24/2024 (MT Newswires) -- Medical Properties Trust ( MPW ) said Friday that it closed a roughly 631 million pound ($800 million) loan backed by 27 of the 36 facilities it leases to Circle Health in the UK.

The lending group was led by European real estate investment firm Song Capital, the company said.

The loan has a 6.9% fixed cash pay rate over the 10-year term excluding debt issuance costs, Medical Properties Trust ( MPW ) said.

The company said it plans to use the proceeds to repay debt and for other general corporate purposes.

Price: 5.08, Change: +0.04, Percent Change: +0.79

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Dell Technologies Insider Sold Shares Worth $761,345,781, According to a Recent SEC Filing
Dell Technologies Insider Sold Shares Worth $761,345,781, According to a Recent SEC Filing
Jun 14, 2024
03:33 AM EDT, 06/14/2024 (MT Newswires) -- Michael S Dell, 10% Owner, Director, Chief Executive Officer, on June 11, 2024, sold 5,681,929 shares in Dell Technologies ( DELL ) for $761,345,781. Following the Form 4 filing with the SEC, Dell has control over a total of 24,630,070 shares of the company, with 23,250,070 shares held directly and 1,380,000 controlled indirectly....
GigaCloud Technology Insider Sold Shares Worth $8,803,192, According to a Recent SEC Filing
GigaCloud Technology Insider Sold Shares Worth $8,803,192, According to a Recent SEC Filing
Jun 14, 2024
03:36 AM EDT, 06/14/2024 (MT Newswires) -- Frank Hurst Lin, 10% Owner, Director, on June 11, 2024, sold 266,959 shares in GigaCloud Technology ( GCT ) for $8,803,192. Following the Form 4 filing with the SEC, Lin has control over a total of 4,978,108 shares of the company, with 4,978,108 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1857816/000185781624000153/xslF345X03/wk-form4_1718316383.xml Price: 31.98, Change: +0.17, Percent...
AppFolio Insider Sold Shares Worth $9,028,779, According to a Recent SEC Filing
AppFolio Insider Sold Shares Worth $9,028,779, According to a Recent SEC Filing
Jun 14, 2024
03:34 AM EDT, 06/14/2024 (MT Newswires) -- Timothy K Bliss, Director, on June 11, 2024, sold 38,270 shares in AppFolio ( APPF ) for $9,028,779. SEC Filing: https://www.sec.gov/Archives/edgar/data/1433195/000095017024073243/xslF345X03/ownership.xml ...
--Monolithic Power Systems Keeps Quarterly Dividend of $1.25 a Share, Payable July 15 to Shareholders as of June 28
--Monolithic Power Systems Keeps Quarterly Dividend of $1.25 a Share, Payable July 15 to Shareholders as of June 28
Jun 14, 2024
03:34 AM EDT, 06/14/2024 (MT Newswires) -- Price: 811.56, Change: -5.44, Percent Change: -0.67 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved