Medical Properties Trust: The Bears Might Face Trouble, Don't Fight The Fed
Medical Properties Trust(MPW) Seeking Alpha·2024-09-15 13:23
benedek For every 25 basis point reduction in the Fed funds rate, Medical Properties Trust (NYSE:MPW) would be set to see its annual interest expenses dip by at least $1.73 million on its revolving credit facility which is currently priced at a variable interest rate of between 5.164% to 6.931% and had a balance of $691.61 million at the end of the REIT's fiscal 2024 second quarter. There will be another $500,000 in annual savings on interest expenses on its term loan due 2027. MPW has fixed the remainder o ...