Medical Properties Trust, Inc. Completes $1.4 Billion Investment in Eleven IASIS Hospitals Now Operated by
Steward Health Care
Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has completed the previously
announced acquisition of the real estate interests from IASIS Healthcare Corporation of ten acute care hospitals and one behavioral
health facility with Steward Health Care System LLC (“Steward”) becoming the facilities’ new operator. Additionally, MPT invested
$100 million in minority preferred interests of Steward.
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’s financing model
allows hospitals and other healthcare facilities to unlock the value of their underlying real estate in order to fund facility
improvements, technology upgrades, staff additions and new construction. Facilities include acute care hospitals, inpatient
rehabilitation hospitals, long-term acute care hospitals, and other medical and surgical facilities. For more information, please
visit the Company’s website at www.medicalpropertiestrust.com.
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
satisfaction of all conditions to, and the timely closing (if at all) of pending transactions; net income per share for 2017 and
2018; Normalized FFO per share for 2017 and 2018; the amount of acquisitions of healthcare real estate, if any; results from the
potential sales, if any, of assets; capital markets conditions; estimated leverage metrics; the repayment of debt arrangements;
statements concerning the additional income to the Company as a result of ownership interests in certain hospital operations and
the timing of such income; the payment of future dividends, if any; completion of additional debt arrangements, and additional
investments; national and international economic, business, real estate and other market conditions; the competitive environment in
which the Company operates; the execution of the Company's business plan; financing risks; the Company's ability to maintain its
status as a REIT for income tax purposes; acquisition and development risks; potential environmental and other liabilities; and
other factors affecting the real estate industry generally or healthcare real estate in particular. For further discussion of the
factors that could affect outcomes, please refer to the "Risk factors" section of the Company's Annual Report on Form 10-K for the
year ended December 31, 2016 and as updated by the Company’s subsequently filed Quarterly Reports on Form 10-Q and other SEC
filings. Except as otherwise required by the federal securities laws, the Company undertakes no obligation to update the
information in this press release.
Medical Properties Trust, Inc.
Tim Berryman, 205-969-3755
Director – Investor Relations
tberryman@medicalpropertiestrust.com
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