Reported 5 months ago
Medical Properties Trust has been addressing financial challenges by working with tenants and selling hospital properties to repay debt and increase liquidity. By selling assets, the REIT has managed to generate significant liquidity, surpassing its initial target of $2 billion. With a recent $800 million refinancing deal secured by 27 U.K. hospital properties, the REIT can now address upcoming debt maturities more comfortably, potentially avoiding the need to cut its dividend again.
Source: YAHOO