![]() This ensures Steward will continue to provide high quality health care at an affordable cost in New England, and enables us to grow our proven quality model nationally,” he added. “The Medical Properties Trust investment will provide Steward a second source of capital funding. ![]() “This investment, along with Cerberus’ continued commitment sets the stage for Steward’s future,” said Ralph de la Torre, Founder, Chairman and CEO of Steward Health Care System. The agreement also includes a commitment by MPT to participate in up to the next $1.0 billion of Steward’s hospital acquisitions. The investment by MPT sets the stage for Steward, a privately owned health care company headquartered in Boston, Massachusetts, to expand nationally, continue to provide high quality, affordable community based health care services, and return the original investment Cerberus made in Steward almost 6 years ago. The $1.25 billion total value of the transaction includes a $1.2 billion investment in hospital real estate and a $50 million equity investment in Steward. (“MPT”) (NYSE: MPW) will invest $1.25 billion in Steward through a real estate sale-leaseback transaction and acquisition of a limited equity stake in the company. 26, 2016 - Steward Health Care System (“Steward”) announced today that Medical Properties Trust, Inc. MPT Transaction Aligns Steward with New Capital Partner to Support Growth, Increases Local Ownership Stake, Strengthens Company Finances, and Returns Initial InvestmentīOSTON, Sept.
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