---
schema_version: "secwatch.filing_event.v1"
accession: "0001045450-26-000033"
form_type: "8-K"
ticker: "EPR"
cik: "0001045450"
company_name: "EPR PROPERTIES"
filed_at: "2026-07-20T12:44:42+00:00"
generated_at: "2026-07-20T12:50:07.807485+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# EPR Properties enters new $1.6B credit agreement with extended maturities and lower rates

## Summary
- New $1.0B revolver matures July 2030 (extended from Oct 2028) with two six-month extension options.
- New $600M delayed draw term loan matures Jan 2032, available until Jan 2027, to address Aug and Dec 2026 debt maturities.
- Accordion feature allows increase to $2.6B total capacity subject to lender consent.
- Interest rates reduced; SOFR spread for BBB/Baa2 rating is 0.80% on revolver and 0.90% on term loan.
- Financial covenants modified to include expected cash proceeds from forward equity contracts.

## SEC filing metadata
- accession: 0001045450-26-000033
- form_type: 8-K
- ticker: EPR
- cik: 0001045450
- company_name: EPR PROPERTIES
- filed_at: 2026-07-20T12:44:42+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045450/000104545026000033/0001045450-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045450/000104545026000033/epr-20260717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001045450-26-000033
- JSON: https://secwatch.observer/filing/0001045450-26-000033.json
- Plain text: https://secwatch.observer/filing/0001045450-26-000033.txt

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