MedEquities Realty Trust Files Registration Statement For Proposed IPO

(RTTNews) - MedEquities Realty Trust Inc. announced that it has filed a registration statement on Form S-11 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

The number of shares to be sold and the price range for the proposed offering have not yet been determined.

MedEquities has applied to list its common stock on the New York Stock Exchange under the ticker symbol "MRT."

The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.

MedEquities Realty Trust is a self-managed and self-administered company that invests in a diversified mix of healthcare properties and healthcare-related real estate debt investments. The Company's portfolio is comprised of two long-term acute care hospitals, two acute care hospitals, 15 skilled nursing facilities, one medical office building, one assisted living facility and two healthcare-related debt investments.