Essential Properties Realty Trust (EPRT) Announces 8M Share Public Offering of Common Stock
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Essential Properties Realty Trust, Inc. Announces Primary Public Offering of Common Stock
September 17, 2020 4:02 PM EDTPRINCETON, 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. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock. The Company expects to use the net proceeds from the offering for general corporate purposes, including potential future investments. All of the shares are being offered by the Company.
BofA Securities, Barclays and Citigroup are acting as the joint book-running managers of the offering.
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