Brief: Epr Properties Announces New $1.0 Billion Revolving Credit Facility

EPR Properties

23/09/2024 14:41

Sept 23 (Reuters) - EPR Properties  EPR.N :
    * EPR PROPERTIES ANNOUNCES NEW $1.0 BILLION REVOLVING CREDIT
FACILITY
    * EPR PROPERTIES - NEW FACILITY MATURES ON OCTOBER 2, 2028
    * EPR PROPERTIES - FACILITY INCLUDES 'ACCORDION' FEATURE TO
INCREASE TO $2 BILLION
    * EPR PROPERTIES - NEW FACILITY REDUCES INTEREST RATE,
ELIMINATES
TANGIBLE NET WORTH COVENANT
    * EPR PROPERTIES - COMPANY HAS TWO OPTIONS TO EXTEND
MATURITY DATE
BY 12 MONTHS
    * EPR PROPERTIES - BORROWINGS TO BE USED FOR GENERAL
BUSINESS
PURPOSES

Source text for Eikon:  ID:nBw8MvyTva 
Further company coverage:  EPR.N 

 ((Reuters.Briefs@thomsonreuters.com;))