---
schema_version: "secwatch.filing_event.v1"
accession: "0001728951-24-000120"
form_type: "8-K"
ticker: "EPRT"
cik: "0001728951"
company_name: "ESSENTIAL PROPERTIES REALTY TRUST, INC."
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:14:55.257963+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Essential Properties adds $450M term loan via fifth credit agreement amendment

## Summary
- New $450M 2030 Term Loan with 3-year initial maturity, extendable to early 2030 via two 1-year and one 6-month options.
- Initial draw of $320M on July 11, 2024; remaining $130M available through delayed draws over six months.
- Credit facility now totals $1.9B: $600M revolver, $400M (2028), $450M (2029), and $450M (2030) term loans.
- Includes a $500M uncommitted accordion feature; interest rate is Adjusted Term SOFR plus applicable margin.
- Proceeds used for general corporate purposes; facility agent is Wells Fargo, with multiple joint lead arrangers.

## SEC filing metadata
- accession: 0001728951-24-000120
- form_type: 8-K
- ticker: EPRT
- cik: 0001728951
- company_name: ESSENTIAL PROPERTIES REALTY TRUST, INC.
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728951/000172895124000120/0001728951-24-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728951/000172895124000120/eprt-20240711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728951-24-000120
- JSON: https://secwatch.observer/filing/0001728951-24-000120.json
- Plain text: https://secwatch.observer/filing/0001728951-24-000120.txt

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