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Essential Properties Realty Trust prices $450 million exchangeable senior notes offering

PUBT·10/28/2026 00:07:02
Essential Properties Realty Trust prices $450 million exchangeable senior notes offering
  • Essential Properties Realty Trust priced $450 million of 4.38% Exchangeable Senior Notes due 2032 through its operating partnership.
  • Settlement is expected October 30, 2026; the notes mature January 15, 2032.
  • Initial purchasers have an option to buy an additional $67.5 million of notes.
  • Estimated net proceeds of $439 million will fund a $420.3 million reduction in revolving credit facility borrowings.
  • The remaining $18.7 million will fund capped call transactions intended to reduce potential dilution from exchanges.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Essential Properties Realty Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610272005BIZWIRE_USPR_____20261027_BW769802) on October 28, 2026, and is solely responsible for the information contained therein.