Essential Properties Realty Trust (EPRT) Announces Proposed 8M Share Offering

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Essential Properties Realty Trust, Inc. Announces Public Offering of Common Stock

March 11, 2024 4:02 PM EDT

PRINCETON, N.J.--(BUSINESS WIRE)-- Essential Properties Realty Trust, Inc. (NYSE: EPRT; the Company) announced today that it has commenced an underwritten public offering of 8,000,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below.

BofA Securities, Wells Fargo Securities, Truist Securities and Mizuho are acting as the joint book-running managers for the offering.

In connection with the offering, the Company expects to enter into forward sale agreements with BofA Securities, Wells Fargo Securities, Truist Securities and Mizuho (or affiliates thereof) (the forward purchasers), with respect to 8,000,000 shares... More