New Issue: EPR Properties prices $450 million 4.75% notes due 2026

By Devika Patel

Knoxville, Tenn., Dec. 7 – EPR Properties said it priced $450 million of 4.75% notes due 2026.

The notes have a make-whole call until three months prior to maturity and then a par call.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets Corp. were the bookrunners. KeyBanc Capital Markets Inc. and U.S. Bancorp Investments Inc. were lead managers.

Proceeds will be used to repay the principal of the company’s unsecured revolving credit facilities and for general business purposes.

The real estate investment trust for entertainment properties is based in Kansas City, Mo.

Issuer:	EPR Properties
Description:	Notes
Amount:	$450 million
Maturity:	2026
Bookrunners:	Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets Corp.
Lead managers:	KeyBanc Capital Markets Inc., U.S. Bancorp Investments Inc.
Co-managers:	Stifel, Nicolaus & Co. Inc., BNP Paribas Securities Corp., UMB Financial Services, Inc., BOK Financial Securities, Inc.
Coupon:	4.75%
Call feature:	Make whole call until three months prior to maturity and then a par call
Trade date:	Dec. 7
Settlement date:	Dec. 14

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