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Medical Properties Trust cuts FY23 normalized FFO view to $1.50-$1.65

Prior normalized FFO view was $1.50-$1.65, consensus $1.60. Aldag continued, "The terms of recently announced transactions including Springstone, the acquisition by CommonSpirit of Steward’s Utah operations, Healthscope and Prime, have valued our hospital investments near and in excess of our original purchase prices. This confirmation of our underwritten asset values by sophisticated market participants, as well as our existing liquidity and prudently planned debt structure, position us to have no debt maturities until 2025."

Published first on TheFly

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