Essential Properties Realty Trust (EPRT) Announces Proposed Stock Offering

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

September 13, 2023 4:05 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 8,700,000 shares of its common stock on a forward basis in connection with the forward sale agreements described below.

Wells Fargo Securities, BofA Securities, Citigroup, 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 Wells Fargo Securities, BofA Securities, Citigroup, and Mizuho (or affiliates thereof) (the forward purchasers), with respect to 8,700,000 shares of the... More