Essential Properties Realty Trust Prices $450M of 4.375% Exchangeable Notes
The notes are due 2032, with an option for an additional $67.5 million. The company plans to use about $439 million in net proceeds to fund capped calls and reduce its revolver by about $420.3 million.
Essential Properties Realty Trust priced $450M 4.375% exchangeable senior notes due 2032, with an option for $67.5M more, and plans to use about $439M net proceeds to fund capped calls and reduce its revolver by about $420.3M.Material DetailsContext by AI AnalystThis is a balance sheet move consist…