{"schema_version":"secwatch.filing_event.v1","accession":"0001728951-23-000089","form_type":"8-K","ticker":"EPRT","cik":"0001728951","company_name":"ESSENTIAL PROPERTIES REALTY TRUST, INC.","filed_at":"2023-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.019752+00:00","generated_at":"2026-06-11T02:25:33.282447+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"EPRT adds $450M term loan, repays $200M 2024 maturities","bullets":["New $450M 2029 Term Loan added to credit facility; initial draw of $250M on Aug 24, 2023.","$200M of initial draw used to repay existing term loans due April 2024.","Remaining $200M available via delayed draw over six months; maturity 3 yrs, extendable to early 2029.","All-in interest rate on $50M un-swapped portion fixed at ~5.00%–5.25% via swap agreement.","Revolving facility stays at $600M; total committed capacity now $1.45B including $400M 2028 term loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001728951-23-000089","json":"https://secwatch.observer/filing/0001728951-23-000089.json","markdown":"https://secwatch.observer/filing/0001728951-23-000089.md","text":"https://secwatch.observer/filing/0001728951-23-000089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000089/0001728951-23-000089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000089/eprt-20230824.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T02:25:33.282447+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"60d56d9d665308b7320c92119dfec088c7af8e47","claim":"ESSENTIAL PROPERTIES REALTY TRUST, INC. incurred term loan of $250.0 million with Wells Fargo Bank, National Association, as Administrative Agent at an all-in rate ranging from approximately 5% to 5.25% maturing three years, which may be extended to early 2029.","evidence_excerpt":"At closing on August 24, 2023, the Company drew an initial funding amount of $250.0 million under the 2029 Term Loan","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000089/0001728951-23-000089-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$250.0 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as Administrative Agent"},{"label":"Rate","value":"an all-in rate ranging from approximately 5% to 5.25%"},{"label":"Maturity","value":"three years, which may be extended to early 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3c37992dbea38428aae1217216b54a270cf45217","claim":"ESSENTIAL PROPERTIES REALTY TRUST, INC. amended Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at Initial funding of $250,000,000 under a new $450,000,000 2029 Term Loan tranche (effective 2023-08-24).","evidence_excerpt":"On August 24, 2023, Essential Properties Realty Trust, Inc. (the “Company”), through its operating partnership Essential Properties, L.P., entered into a fourth amendment to the Company’s Amended and Restated Credit Agreement (the “Credit Facility”) with Wells Fargo Bank, National Association, as Administrative Agent, and the lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1728951/000172895123000089/0001728951-23-000089-index.htm","confidence":0.99,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Value","value":"Initial funding of $250,000,000 under a new $450,000,000 2029 Term Loan tranche"},{"label":"Effective","value":"2023-08-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}