AMERICAS DISTRESS DAILY: MPT Moves Against Health Care Chain

Nov. 20, 2024, 2:20 PM UTC

Medical Properties Trust, one of the largest hospital landlords in the US, has moved to take control of three Southern California health care entities after accusing the owner of defaulting on debt.

In Other News:

  • A US court bankruptcy judge approved Florida-based medical center operator CareMax Inc.’s proposal for debtor-in-possession financing on an interim basis.
  • R.R. Donnelley and Sons Co. is back in the junk-bond market with a deal that could pay up to a 12% coupon thanks to a rare feature that allows the firm to choose how it pays its interest, according to a person with knowledge ...



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