BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jan. 31, 2012--
Medical Properties Trust, Inc. (the "Company") (NYSE: MPW) announced
today that it plans to make a public offering of its common stock. BofA
Merrill Lynch, J.P. Morgan, Deutsche Bank Securities, KeyBanc Capital
Market and RBC Capital Markets will act as joint-book running managers
for the proposed offering. SunTrust Robinson Humphrey will serve as lead
manager.
The Company intends to use the net proceeds from the offering to fund a
portion of the consideration for the acquisition of assets from and
loans to Ernest Health, Inc. (the “Ernest Acquisition Transactions”),
which were also announced today. The offering is not conditioned on the
completion of the transactions with Ernest Health, Inc.
The offering of the shares will be made under the Company's effective
shelf registration statement filed with the Securities and Exchange
Commission ("SEC"). The Company intends to file a prospectus supplement
with the SEC for the common stock offering to which this communication
relates. When available, the prospectus supplement and accompanying base
prospectus may be obtained from BofA Merrill Lynch, 4 World Financial
Center, New York, NY 10080, Attn: Prospectus Department or by e-mail at dg.prospectus_requests@baml.com
or from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, NY 11717 or by visiting the EDGAR
database on the SEC's web site at www.sec.gov.
This press release shall not constitute an offer to sell or the
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. The offering may be made only by means of
a prospectus and a related prospectus supplement, which have or will be
filed with the SEC.
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. These facilities include inpatient
rehabilitation hospitals, long-term acute care hospitals, regional acute
care hospitals, ambulatory surgery centers and other single-discipline
healthcare facilities, such as heart hospitals and orthopedic hospitals.
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 Company’s ability to consummate this offering and the
use of the proceeds therefrom; the Company’s ability to complete the
Ernest Acquisition Transactions on the anticipated time schedule or
terms or at all; the Company’s ability to obtain or raise additional
funds; national and 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 federal income
tax purposes; acquisition and development risks; potential environmental
and other liabilities; and other factors affecting the real estate
industry generally or the healthcare real estate in particular. 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, 2010, as amended, and as further updated by our
subsequently filed Quarterly Reports on Form 10-Q and our 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.
Source: Medical Properties Trust, Inc.
Medical Properties Trust
Charles Lambert, 205-397-8897
Finance
Director
clambert@medicalpropertiestrust.com