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From CMBS to high yield Reit: hospital finance saga nears the end

healthcare px230
By Owen Sanderson
02 Jan 2020

Bonds in two pre-crisis CMBS deals backed by UK hospitals, are set to be repaid following a bid from Alabama-based Medical Properties Trust for 30 properties backing the deal. The Reit will fund the deal with recently signed high yield bonds, drawing down the curtain on a saga which has seen the ill-fated 2007 CMBS restructured twice in the last five years.

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By Owen Sanderson
02 Jan 2020