other material
confidence high
sentiment neutral
materiality 0.60
EPR Properties enters $400M at-the-market equity distribution agreement
EPR PROPERTIES
- Up to $400M of common shares may be sold via Agents or forward sale agreements.
- Agents receive commission up to 2.0% of gross sales price; forward sellers also capped at 2.0%.
- Proceeds intended for acquisition pipeline, working capital, debt reduction (including revolver).
- Sales may be made as 'at-the-market' offerings on NYSE or in negotiated transactions.