EPR Properties EPR announced today the pricing of its
underwritten public offering of 2,250,000 of its common shares of
beneficial interest.
The Company will receive approximately $126.6 million of gross proceeds,
before deducting underwriting discounts and estimated offering expenses.
The Company intends to use the net proceeds from the offering to reduce
the outstanding principal balance of its unsecured revolving credit
facility. Such application of net proceeds will increase the amounts
available under the Company's unsecured revolving credit facility, which
the Company intends to use primarily to fund its ongoing pipeline of
acquisition and build-to-suit projects.
J.P. Morgan and KeyBanc Capital Markets are acting as joint
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