Medical Properties Trust Plans to Engage in Talks With Steward

May 7, 2024, 9:29 PM UTC

Medical Properties Trust says it plans to engage in negotiations with Steward Health Care and other stakeholders in Steward’s bankruptcy.

  • Plans to pursue all legal remedies to maximize its recovery regarding Steward investments
  • In addition to the master leases, the company holds a working capital and other loans to Steward, in addition to a $362 million loan to affiliates of Steward
  • The company also holds a 9.9% equity investment in Steward
  • NOTE: Steward Health Goes Bankrupt After Mounting Financial Trouble

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