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Medical Properties Trust to redeem €200 million 5¾% notes due 2020
By Wendy Van Sickle
Columbus, Ohio, Feb. 2 – Medical Properties Trust, Inc. subsidiary MPT Operating Partnership, LP plans to redeem its €200 million 5¾% senior notes due 2020, according to a press release.
The company plans to fund the redemption price, which will include a premium plus accrued interest, with proceeds of a new €200 million senior unsecured term loan.
Medical Properties is a Birmingham, Ala.-based self-advised real estate investment trust focused on investing in and owning net-leased health care facilities.
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