Medical Properties Trust, Inc. (NYSE: MPT) today announced financial and operating results for the second quarter ended June 30, 2026, as well as certain events occurring subsequent to quarter-end.
The company announced a private offering of approximately $2.4 billion of secured notes, the proceeds of which will be used to repay existing debt, including the 2026 notes as well as approximately 50% of the 2027 notes, expected to close imminently.
The company also agreed to a sale of certain assets that it expects will result in approximately $172 million of cash proceeds in the third quarter;
MPT received approximately $100 million in cash proceeds in connection with the initial public offering of Infracore SA, in which MPT holds an equity investment, with an expected additional $35 million later in the third quarter;
The company also sustained a net loss of ($0.01) and Normalized Funds from Operations of $0.15 for the 2026 second quarter, all on a per share basis, and paid a regular quarterly dividend of $0.09 per share in July 2026.
Said CEO Edward K. Aldag, Jr., “We continue to take decisive steps to strengthen our balance sheet through our refinancing transactions and strategic asset sales. With strong performance trends across our diverse portfolio of global operators and our transition tenants ramping rent payments as expected, we will continue to evaluate opportunities to fortify our balance sheet while pursuing opportunistic growth.”
MPT shares slid 31 cents, or 6.6%, to begin Monday at $4.39.
