EPR Properties to repay revolving credit facility via common shares

By Tali Rackner

Norfolk, Va., Sept. 17 – EPR Properties plans to reduce the outstanding principal balance of its unsecured revolving credit facility with the proceeds from a public offering of common shares, according to a press release.

This will increase the amounts available under the company's unsecured revolving credit facility, which it intends to use primarily to fund its ongoing pipeline of acquisition and build-to-suit projects.

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

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