Essential Properties Realty Trust (EPRT) IPO Opens 4% Lower

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Go back to Essential Properties Realty Trust (EPRT) IPO Opens 4% Lower

Essential Properties Realty Trust, Inc. Announces Pricing of Initial Public Offering

June 20, 2018 10:50 PM EDT

PRINCETON, N.J.--(BUSINESS WIRE)-- Essential Properties Realty Trust, Inc. (the Company), an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses, today announced the pricing of its initial public offering of 32,500,000 shares of its common stock at an initial public offering price of $14.00 per share. The shares are expected to begin trading on the New York Stock Exchange on June 21, 2018 under the symbol "EPRT." The Company has granted the underwriters a 30 day option to purchase up to an... More