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Prospect News home > News index > List of issuers Paydowns > Headlines for Altoona > News item
Published on 11/21/2019 in the Prospect News Bank Loan Daily.

Medical Properties to repay revolver via proceeds from new notes

By Sarah Lizee

Olympia, Wash., Nov. 21 – Medical Properties Trust, Inc. operating partnership MPT Operating Partnership, LP plans to repay amounts outstanding under its revolving credit facility using about £367 million of proceeds from a benchmark offering of senior notes, according to a press release.

The remaining proceeds from the offering will be used for general corporate purposes.

Medical Properties is a Birmingham, Ala.-based health care focused real estate investment trust.


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