EPR Properties prices $500 million convertible senior notes offering
- EPR Properties priced $500 million of 4.5% convertible senior notes due February 15, 2032.
- Initial purchasers have an option for another $75 million of notes; settlement is scheduled for November 16, 2026.
- Remaining proceeds, with cash on hand, will repay $450 million of 4.750% Senior Notes at maturity on December 15, 2026.
- Expected net proceeds of $485.7 million include allocations of $50 million for share repurchases and $18.5 million for capped call transactions.
- The initial conversion price is approximately $68.29 per share, a 15% premium to the November 11, 2026, closing price.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EPR Properties published the original content used to generate this news brief via Business Wire (Ref. ID: 20261111734019) on November 12, 2026, and is solely responsible for the information contained therein.