---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-342713"
form_type: "8-K"
ticker: null
cik: "0001524607"
company_name: "MPT Operating Partnership, L.P."
filed_at: "2026-08-10T21:23:29+00:00"
generated_at: "2026-08-10T21:24:09.336037+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MPT closes $2.4B 9.25% secured notes due 2032; redeems 2026/2027 notes

## Summary
- Issued $2.4B aggregate principal of 9.25% senior secured notes due Feb 15, 2032; interest payable June 15/Dec 15.
- Private exchange refinanced ~$1.5B of 2027-2031 unsecured notes; cash proceeds fund full redemption of 2026 notes and partial redemption of 2027 notes.
- Notes guaranteed by MPT and subsidiaries; secured by first-priority liens on equity and real estate of First Lien Guarantors.
- Redemption options: make-whole prior to Aug 10, 2028; up to 40% at 109.25% using equity offering proceeds.
- Indenture covenants include maintaining unencumbered assets at least 150% of unsecured debt; customary defaults.

## SEC filing metadata
- accession: 0001193125-26-342713
- form_type: 8-K
- cik: 0001524607
- company_name: MPT Operating Partnership, L.P.
- filed_at: 2026-08-10T21:23:29+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524607/000119312526342713/0001193125-26-342713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287865/000119312526342713/d135389d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-342713
- JSON: https://secwatch.observer/filing/0001193125-26-342713.json
- Plain text: https://secwatch.observer/filing/0001193125-26-342713.txt

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