BIRMINGHAM, Ala., May 24, 2023–( BUSINESS WIRE ) –Medical Properties Trust, Inc. (the "Company" or "MPT") (NYSE: MPW) today announced that it has completed, as expected, the sale of seven Australian hospitals for AUD$730 million, with proceeds used to reduce its Australian term loan. MPT additionally settled the pro rata portion of its interest rate swap for a gain of AUD$20 million. The Company expects to close the remaining AUD$470 million in property sales and debt repayment during the current quarter. The 5.7% cap rate implied in the AUD$1.2 billion valuation of MPT's Australian portfolio provides a strong read-through for similar assets in the Company's U.S. and Western Europe portfolios.