EPR Properties calls $275 million 5.25% notes due 2023 for redemption

By Wendy Van Sickle

Columbus, Ohio, Oct. 13 – EPR Properties gave notice on Wednesday to redeem all of its $275 million of outstanding 5.25% senior notes due 2023.

The notes will be redeemed on Nov. 12 at par plus a make-whole premium plus accrued interest.

U.S. Bank NA is the trustee.

The company said in a 424B5 filing with the Securities and Exchange Commission that it planned to fund the redemption with proceeds of an offering of new notes.

The company priced $400 million of 3.6% notes due Nov. 15, 2031 on Wednesday.

The real estate investment trust for entertainment properties is based in Kansas City, Mo.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.