Medical Properties Trust wraps up Australian deal

|About: Medical Properties Trust, Inc. (MPW)|By:, SA News Editor

In conjunction with Brookfield Business Partners' acquisition of Healthscope closing today, Medical Properties Trust (NYSE:MPW) completes its A$1.2B (US$840M) acquisition of real estate interests in 11 Australian hospitals operated by Healthscope.

Medical Properties financed the transaction with a A$1.2B unsecured five-year term, Australian-denominated loan with a syndicate of banks.

The agreement to buy and lease back the 11 hospitals was originally announce in January.

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