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EPR Properties ( (EPR) ) has issued an announcement.
EPR Properties has launched a new $1 billion unsecured revolving credit facility, with an optional expansion to $2 billion, offering more favorable terms and flexibility for the company. This facility, maturing in October 2028, includes reduced interest rates and amended covenants, giving EPR the ability to secure additional debt if needed. The credit line is intended for general corporate needs and growth through acquisitions in line with EPR’s focus on experiential property investments. President and CEO Greg Silvers expresses confidence in the company’s enhanced financial position and its long-term strategic investment plan.
Find detailed analytics on EPR stock on TipRanks’ Stock Analysis page.
