Brief: Medical Properties Trust Takes Control Of Its Real Estate From Steward Health Care

Medical Properties Trust

11/09/2024 22:55

Sept 11 (Reuters) - Medical Properties Trust Inc
 MPW.N :
    * MEDICAL PROPERTIES TRUST TAKES CONTROL OF ITS REAL ESTATE
FROM
STEWARD HEALTH CARE
    * MEDICAL PROPERTIES TRUST: REACHED GLOBAL SETTLEMENT
AGREEMENT
WITH STEWARD HEALTH CARE SYSTEM, ITS SECURED LENDERS & UNSECURED
CREDITORS COMMITTEE
    * MEDICAL PROPERTIES TRUST: AGREEMENT FACILITATES IMMEDIATE
TRANSITION OF OPERATIONS TO QUALITY REPLACEMENT OPERATORS AT 15
HOSPITALS AROUND U.S.
    * MEDICAL PROPERTIES: TO GET ANNUALIZED CASH RENTAL PAYMENTS
OF
ABOUT $160 MILLION ON PORTFOLIO'S ABOUT $2.0 BILLION LEASE BASE
UPON STABILIZATION IN Q4 2026
    * MEDICAL PROPERTIES TRUST: IN ACTIVE DISCUSSIONS ABOUT
SOLUTIONS
RELATED TO ONGOING NORWOOD, MASSACHUSETTS & TEXARKANA, TEXAS
CONSTRUCTION PROJECTS
    * MEDICAL PROPERTIES TRUST: MPT HAS CONSENTED TO SALE OF 3
"SPACE
COAST" FLORIDA HOSPITALS TO ORLANDO HEALTH
    * MEDICAL PROPERTIES: BANKRUPTCY COURT SCHEDULED HEARING FOR
SEPT
17 FOR CONSIDERATION & APPROVAL OF FINAL ORDER WITH STEWARD
HEALTH CARE

Source text for Eikon:  ID:nBw6FSbYZa 
Further company coverage:  MPW.N 

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