PRINCETON, N.J.--(BUSINESS WIRE)--Essential Properties Realty Trust, Inc. (NYSE: EPRT; the âCompanyâ) announced today that its operating partnership, Essential Properties, L.P. (the âOperating Partnershipâ), has priced a public offering of $400 million aggregate principal amount of 5.400% Senior Notes due 2035 (the âNotesâ). The Notes were priced at 98.317% of the principal amount and will mature on December 1, 2035. The offering is expected to settle on August 21, 2025, subject to the satisfac
Related Questions
How will the issuance of $400âŻmillion of 5.40% senior notes at a 98.317% discount affect EPRTâs equity valuation and shortâterm price action?
What are the implications of the 5.40% coupon and 2035 maturity for EPRTâs capital structure and credit metrics compared to its peers in the REIT sector?
How will the proceeds from the note offering be allocatedâe.g., for acquisitions, refinancing existing debt, or liquidityâand what impact might that have on the companyâs growth prospects and dividend policy?