Medical Properties Trust, Inc. (the “Company”) (NYSE: MPW) announced
that the underwriters under its previously announced public offering of
common stock have exercised in full their option to purchase an
additional 1,245,000 shares from the Company. Including the sale of the
additional shares, which closed on April 8, 2014, the Company sold a
total of 8,945,000 shares of its common stock for aggregate net proceeds
to the Company of approximately $116 million, after deducting estimated
offering expenses.
Credit Suisse Securities (USA) LLC and Jefferies LLC acted as joint
book-running managers for the offering. The offering was made under the
Company's effective shelf registration statement previously filed with
the Securities and Exchange Commission ("SEC"). Copies of the final
prospectus supplement and accompanying prospectus have been filed with
the SEC and may be obtained from: Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, One Madison Avenue, New York, NY
10010, or by telephone at (800) 221-1037, or by e-mail at newyork.prospectus@credit-suisse.com;
Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520
Madison Avenue, 12th Floor, New York, New York 10022, or by telephone at
(877) 547-6340, or by e-mail at Prospectus_Department@Jefferies.com;
or by visiting the EDGAR database on the SEC’s web site at www.sec.gov.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any shares of the Company’s common
stock, nor shall there be any sale of these securities in any
jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such jurisdiction.
About Medical Properties Trust, Inc.
Medical Properties Trust, Inc. is a Birmingham, Alabama based
self-advised real estate investment trust formed to capitalize on the
changing trends in healthcare delivery by acquiring and developing
net-leased healthcare facilities. MPT has more than $3.0 billion in
assets, with healthcare facilities throughout the United States and in
Germany. These facilities include acute care hospitals, inpatient
rehabilitation hospitals, long-term acute care hospitals and other
medical and surgical facilities.
The statements in this press release that are forward looking are
based on current expectations and actual results or future events may
differ materially. Words such as "expects," "believes," "anticipates,"
"intends," "will," "should" and variations of such words and similar
expressions are intended to identify such forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results of the
Company or future events to differ materially from those expressed in or
underlying such forward-looking statements, including without
limitation, the use of the proceeds from the offering. For further
discussion of the factors that could affect outcomes, please refer to
the “A Warning About Forward Looking Statements” and "Risk Factors"
sections of the Company's Annual Report on Form 10-K for the year ended
December 31, 2013 and its other SEC filings and “Risk Factors” sections
contained in each of the prospectuses. Except as otherwise required by
the federal securities laws, the Company undertakes no obligation to
update the information in this press release.
Copyright Business Wire 2014