secwatch.observer — SEC 8-K summary
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Issuer:     EPR PROPERTIES (EPR)
CIK:        0001045450
Form:       8-K
Filed at:   2021-10-06T23:59:59+00:00
Accession:  0001045450-21-000063
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.02, 2.03, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPR closes new $1.0B revolving credit facility; Q3 cash collections reach 90% of contractual revenue
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- New $1.0B senior unsecured revolver matures Oct 2025; accordion feature allows increase to $2.0B.
- $400M term loan repaid in Sep 2021; as of Sep 30, $145M cash and no revolver borrowings.
- Q3 2021 cash collections totaled $124.5M (90% of $138.4M contractual revenue); total cash received $141.1M (102%).
- Subsidiary guarantees released after obtaining investment-grade ratings from two agencies in Sep 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045450/000104545021000063/0001045450-21-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045450/000104545021000063/epr-20211006.htm
  HTML page:      https://secwatch.observer/filing/0001045450-21-000063

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