---
schema_version: "secwatch.filing_event.v1"
accession: "0001728951-25-000156"
form_type: "8-K"
ticker: "EPRT"
cik: "0001728951"
company_name: "ESSENTIAL PROPERTIES REALTY TRUST, INC."
filed_at: "2025-08-21T23:59:59+00:00"
generated_at: "2026-05-17T10:54:51.428433+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Essential Properties closes $400M 5.400% Senior Notes offering due 2035

## Summary
- Issued $400M of 5.400% Senior Notes due Dec 1, 2035; priced at 97.667% of par.
- Interest payable June 1 and Dec 1, starting Dec 1, 2025; maturity Dec 1, 2035.
- Notes are senior unsecured obligations of Essential Properties, L.P., fully guaranteed by EPRT.
- Underwriting agreement with Wells Fargo and Mizuho as representatives; closed Aug 21, 2025.
- Indenture includes covenants such as maintaining a minimum percentage of total unencumbered assets.

## SEC filing metadata
- accession: 0001728951-25-000156
- form_type: 8-K
- ticker: EPRT
- cik: 0001728951
- company_name: ESSENTIAL PROPERTIES REALTY TRUST, INC.
- filed_at: 2025-08-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728951/000172895125000156/0001728951-25-000156-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728951/000172895125000156/eprt-20250818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728951-25-000156
- JSON: https://secwatch.observer/filing/0001728951-25-000156.json
- Plain text: https://secwatch.observer/filing/0001728951-25-000156.txt

## Key facts
- Debt Financings
  ESSENTIAL PROPERTIES REALTY TRUST, INC. incurred senior notes of $400,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee at 5.400% per annum maturing December 1, 2035.
  - Instrument: senior notes
  - Principal: $400,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee
  - Rate: 5.400% per annum
  - Maturity: December 1, 2035
  - Event: incurrence
  source text: On August 21, 2025, Essential Properties, L.P. (the “Issuer”), a Delaware limited partnership and subsidiary of Essential Properties Realty Trust, Inc., a Maryland corporation (the “Guarantor”), closed an underwritten public offering of $400,000,000 aggregate principal amount of its 5.400% Senior Notes due 2035 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1728951/000172895125000156/0001728951-25-000156-index.htm

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