---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-153419"
form_type: "8-K"
ticker: "MPT"
cik: "0001287865"
company_name: "MEDICAL PROPERTIES TRUST INC"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:12:03.348064+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MPT: Prospect completes $375M recap, $250M ABL repaid; Australian hospital sale delayed to Q3 2023

## Summary
- Prospect's $250M ABL facility fully repaid; $75M MPT delayed-draw term loan now secured by receivables.
- MPT's $1.6B Prospect investment to be reconstituted: $513M in CA hospitals, $457M CT real estate (sale to Yale New Haven expected Q3 2023), $150M mortgage, $264M loans, plus equity interests.
- Yale New Haven to acquire CT real estate for $355M cash and $103M equity in Prospect's managed care; closing now Q3 2023, not Q2.
- Third-party lenders provided $375M new financing to Prospect; terms ~3 years.
- MPT expects full rent payments at 8.44% cash yield on CA hospitals beginning March 2024.

## SEC filing metadata
- accession: 0001193125-23-153419
- form_type: 8-K
- ticker: MPT
- cik: 0001287865
- company_name: MEDICAL PROPERTIES TRUST INC
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287865/000119312523153419/0001193125-23-153419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287865/000119312523153419/d471317d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-153419
- JSON: https://secwatch.observer/filing/0001193125-23-153419.json
- Plain text: https://secwatch.observer/filing/0001193125-23-153419.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.