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MPT Reports Second Quarter Results

  • Medical Properties Trust, Inc. reported a net loss of ($0.01) per share & Normalized Funds from Operations (NFFO) of $0.15 per share for the second quarter ended June 30, 2026.
  • The company announced a private refinancing transaction involving approximately $2.4 billion of secured notes to repay existing debt, including 2026 notes & about 50% of 2027 notes, with an expected closing imminently.
  • Asset sales are expected to generate approximately $172 million in cash proceeds during the third quarter.
  • MPT received approximately $100 million from the initial public offering of Infracore SA, with an additional $35 million expected later in the third quarter.
  • The company paid a regular quarterly dividend of $0.09 per share in July 2026.
  • Total portfolio assets stand at approximately $15 billion across 373 properties with roughly 38,000 licensed beds in nine countries.
  • An amended master lease was executed combining Scion, Lifepoint, & Lifepoint Behavioral leases to enhance diversification, resulting in an approximate $7 million gain from a property exchange.
  • MPT advanced an additional $50 million for working capital to HSA, with $20 million already repaid & another $20 million due in August.
  • Consolidated balance sheets show total assets of $14.75 billion & total liabilities of $10.25 billion as of June 30, 2026.
  • Revenue for the three months ended June 30, 2026, totaled $259.3 million, while total expenses were $250.7 million.
  • The company scheduled a conference call & webcast for August 10, 2026, at 11:00 a.m. Eastern Time to discuss the financial results.