trending Market Intelligence /marketintelligence/en/news-insights/trending/_iW2iTZCZshI-lcg2AeziQ2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Medical Properties secures A$1.2B loan facility


COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


Climate Credit Analytics: Linking climate scenarios to financial impacts


Global M&A Infographic Q1 2021


Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge

Medical Properties secures A$1.2B loan facility

Medical Properties Trust Inc. signed a new A$1.2 billion term loan facility that it plans to use to partially fund its acquisition of 11 Australian hospitals from Healthscope Ltd.

Under the loan agreement, MPT Operating Partnership LP and its unit, MPT Australia Realty Trust, have an option to request incremental term loan commitments of up to A$550 million, according to a filing.

The facility, maturing May 23, 2024, carries an applicable margin based on a pricing grid ranging from 0.85% to 1.65%.

Medical Properties also amended a credit agreement dated Feb. 1, 2017, it signed with JPMorgan Chase Bank NA, acting administrative agent, and several other lenders.

Bank of America NA acted as administrative agent for the new facility.