EPR Properties Amends, Restates $1B Senior Unsecured Revolving Credit Facility, Signs New $600M Senior Unsecured Delayed Draw Term Loan Facility

EPR Properties

EPR Properties

EPR

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EPR Properties (NYSE:EPR) today announced that it has entered into a Fifth Amended, Restated and Consolidated Credit Agreement, governing an amended and restated $1.0 billion senior unsecured revolving credit facility and a new $600.0 million senior unsecured delayed draw term loan facility. The new facilities replace the Company’s existing $1.0 billion senior unsecured revolving credit facility. The new facilities provide for an initial maximum principal amount of borrowing availability of $1.6 billion with an "accordion" feature under which the Company may increase the total maximum principal amount available by $1.0 billion, to a total of $2.6 billion, subject to lender consent and customary conditions.