---
schema_version: "secwatch.filing_event.v1"
accession: "0001045450-24-000080"
form_type: "8-K"
ticker: "EPR"
cik: "0001045450"
company_name: "EPR PROPERTIES"
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:16:14.359936+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# EPR Properties secures new $1.0B revolving credit facility with improved terms and maturity extended to 2028

## Summary
- New $1.0B senior unsecured revolving credit facility matures October 2, 2028, with two six-month extension options.
- Interest rate spreads reduced; tangible net worth covenant eliminated; secured debt covenant modified to allow more secured debt.
- Accordion feature permits increase of facility by $1.0B to $2.0B total, subject to lender consent.
- At close of business September 19, $169M was drawn, leaving $831M available for borrowing.
- Simplified capitalization rate method for asset valuation; no unused line fee on undrawn amount.

## SEC filing metadata
- accession: 0001045450-24-000080
- form_type: 8-K
- ticker: EPR
- cik: 0001045450
- company_name: EPR PROPERTIES
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045450/000104545024000080/0001045450-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045450/000104545024000080/epr-20240919.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045450-24-000080
- JSON: https://secwatch.observer/filing/0001045450-24-000080.json
- Plain text: https://secwatch.observer/filing/0001045450-24-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.