financetom
Business
financetom
/
Business
/
Essential Properties Secures New $450 Million Term Loan Package
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Essential Properties Secures New $450 Million Term Loan Package
Jul 11, 2024 3:33 PM

06:09 PM EDT, 07/11/2024 (MT Newswires) -- Essential Properties Realty Trust ( EPRT ) late Thursday said it has negotiated revisions to its existing credit agreement, adding a new, unsecured $450 million term loan facility maturing in as many as 66 months.

The new loan package includes a delayed draw feature, the trust said, adding that the term loan will mature in January 2030 if the extension options are fully exercised.

Price: 28.83, Change: -0.31, Percent Change: -1.06

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved