Entertainment Properties Trust Completes Redemption of 7.375% Series D Cumulative Redeemable Preferred Shares
Entertainment Properties Trust (NYSE: EPR) announced today that it completed the redemption of all of its outstanding 7.375% Series D Cumulative Redeemable Preferred Shares at a redemption price of $25.18 per share. This price is the sum of the $25.00 per share liquidation preference plus a quarterly dividend of $0.18 per share prorated through the redemption date. The aggregate redemption price of approximately $115.8 million was funded using the net proceeds of the offering of the Company's Series F Cumulative Redeemable Preferred Shares of beneficial interest.
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