debt
confidence high
sentiment neutral
materiality 0.50
EPR Properties prices $400M of 3.600% Senior Notes due 2031
EPR PROPERTIES
- Offering of $400M of 3.600% senior notes maturing in 2031; expected close Oct 27, 2021.
- Net proceeds primarily to redeem all of the 5.250% Senior Notes due 2023.
- Remaining proceeds for general corporate purposes, including acquisition and build-to-suit pipeline.
- J.P. Morgan, Citigroup, Barclays, RBC, BNP Paribas, Stifel, Truist act as joint book-running managers.