Medical Properties Trust (MPT) scheduled the SIX Swiss Exchange listing of its hospital unit, Infracore SA, for July 9, 2026. The initial public offering price of CHF 54.00 per share values the unit at an equity market capitalization of CHF 826 million. This valuation represents a 5% premium over MPT’s carrying value.
The transaction will generate approximately $150 million in total cash proceeds for MPT. These funds stem from a combination of share sales and the repayment of shareholder loans. MPT intends to use the proceeds to repay debt and for general corporate purposes.
MPT’s ownership in Infracore will decrease from 70% to approximately 47% following the offering. This ownership level assumes the full exercise of the over-allotment option.