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Medical Facilities Corporation Proposes Conversion to Traditional Common Share Structure

_{//health-fitness.news-articles.net/content/2011/ .. rsion-to-traditional-common-share-structure.html}
^{Published in Health and Fitness on Tuesday, March 29th 2011 at 4:20 GMT by Market Wire}  

 - increased after-tax cash distributions to taxable shareholders in Canada and the U.S.; - reduced complexity of the Company's current capital structure, which is expected to result in reduced costs and enhance the Company's ability to raise new capital or undertake transactions in furtherance of its business strategy; - broadened base of potential investors in the Company to those investing in traditional common share structures, which the Board of Directors expects will enhance the Company's access to, and reduce its overall cost of, capital; - reduced financial leverage and elimination of the refinancing risk associated with the maturing of the subordinated notes in March 2014; and - a capital structure that may permit U.S. physician ownership of common shares in the Company pursuant to applicable U.S. health care regulatory laws. 

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