Dallas-based Steward Health Care files for bankruptcy, its landlord, Medical Properties Trust, to provide DIP financing

  • 5/6/2024

|

Dallas Morning News

|

Paywall icon
• Subcategory:
• Tag:
• Additional Filters-Subcategory:

Dallas-based Steward Health Care System filed for bankruptcy early Monday as it’s finalizing a rescue loan with landlord Medical Properties Trust Inc. The firm sought Chapter 11 protection in the Southern District Court of Texas and listed assets and liabilities of $1 billion to $10 billion. The bankruptcy petition allows Steward Health to keep operating while it seeks approval for a restructuring plan.

Medical Properties Trust Inc. (NYSE: MPW)
R. Lucas Savage | Vice President, Head of Global Acquisitions

Additional Filters

Subcategory
Tags