NYSE:EPRTREITs
Can Essential Properties Realty Trust’s New $400M Debt Shape Its Long-Term Capital Strategy for EPRT?
Earlier this week, Essential Properties Realty Trust announced it has priced a US$400 million offering of 5.400% senior notes due 2035, as part of its ongoing capital markets activities.
This substantial debt financing initiative reflects Essential Properties Realty Trust’s intention to optimize its capital structure and potentially lower its cost of capital for future growth.
With issuing US$400 million in long-term notes to manage its balance sheet, we’ll look at implications for Essential...