EPR Properties announces proposed $500 million convertible senior notes offering
EPR•EPR Properties proposed a $500 million convertible senior notes offering and expects to grant purchasers an option to buy up to $75 million more. It plans to use up to $75 million for concurrent common share repurchases.
1. Offering details
The notes will mature on February 15, 2032, with interest payments twice a year. EPR Properties expects to enter capped call transactions with initial purchasers or financial institutions.
