EPR Properties Prices 2.25M Share Offering for Gross Proceeds of $126.6M - EPR Props (NYSE:EPR)

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EPR Properties (NYSE: 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 See full press release

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