Essential Properties Realty Trust (EPRT) Announces Proposed Stock Offering

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

February 16, 2023 4:19 PM EST

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 7,000,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below.

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

In connection with the offering of the common stock, the Company expects to enter into forward sale agreements with BofA Securities, Citigroup and Wells Fargo Securities (or affiliates thereof) (which the Company refers to as the forward... More