BIRMINGHAM, Ala.--(BUSINESS WIRE)--Feb. 27, 2013--
Medical Properties Trust, Inc. (the "Company") (NYSE: MPW) announced
today that it plans to sell 9,000,000 shares of its common stock in an
underwritten public offering. The Company intends to grant the
underwriters of the offering a 30-day option to purchase up to an
additional 1,350,000 shares of its common stock.
The Company intends to use the net proceeds from the offering to repay
borrowings under its revolving credit facility and for general corporate
purposes, including investing in additional healthcare properties.
BofA Merrill Lynch, Deutsche Bank Securities, J.P. Morgan, KeyBanc
Capital Markets, and RBC Capital Markets will act as joint book running
managers for the offering.
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, 222 Broadway, New
York, NY 10038, Attn: Prospectus Department or by e-mail at dg.prospectus_requests@baml.com
or from Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall
Street, New York, NY 10005-2836, by calling (800) 503-4611 or by e-mail
at prospectus.cpdg@db.com 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.
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. 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, 2012 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
Managing
Director
clambert@medicalpropertiestrust.com