Medical Properties Trust Commits $75M to Bankrupt Steward

Medical Properties Trust, one of the world’s largest hospital real estate owners and landlord to Dallas-based Steward Health Care, approved $75 million in debtor-in-possession financing for the health system after it filed for Chapter 11 bankruptcy. The landlord expects Steward to use the funding to ensure patient care continues while it “accelerates the re-tenanting of hospitals to new operators,” according to a May 6 Medical Properties Trust news release.

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Source: https://www.beckershospitalreview.com/finance/medical-properties-trust-commits-75m-to-bankrupt-steward.html

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