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Essential Properties Realty Trust Plans $500 Million Common Stock Offering
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Essential Properties Realty Trust Plans $500 Million Common Stock Offering
Jun 17, 2024 3:22 PM

05:49 PM EDT, 06/17/2024 (MT Newswires) -- Essential Properties Realty Trust ( EPRT ) said late Monday that it signed an at-the-market equity sales agreement relating to an offering of common stock with gross proceeds of up to $500 million.

The company said the net proceeds will be used for general corporate purposes, including repaying or repurchasing debt, working capital and capital expenditures, and potential future investments

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