EPR Properties (NYSE:EPR) Files An 8-K Entry into a Material Definitive Agreement
Item1.01.
| Entry into a Material Agreement. |
On December7, 2016, EPR Properties (the Company) and
certain of its subsidiaries, as guarantors, entered into an
underwriting agreement (the Underwriting Agreement) with
Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC
Capital Markets, LLC, for themselves and as representatives of
the several underwriters named therein, in connection with the
Companys issuance and sale of $450,000,000 aggregate principal
amount of 4.750% Senior Notes due 2026. The Company has filed a
prospectus supplement in connection with the offering, dated
December7, 2016, and filed with the Securities and Exchange
Commission on December8, 2016.
The Underwriting Agreement contains customary representations,
warranties and covenants and includes the terms and conditions
for the sale of the notes, indemnification and contribution
obligations and other terms and conditions customary in
agreements of this type.
The foregoing description of the Underwriting Agreement does not
purport to be complete and is subject to, and qualified in its
entirety by, reference to the Underwriting Agreement, which is
attached hereto as Exhibit 1.1, and is incorporated herein
by reference.
Item9.01 |
Financial Statements and Exhibits. |
| Number | Description | |
| 1.1 |
Underwriting Agreement, dated December7, 2016, by and among EPR Properties, certain of its subsidiaries and Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, for themselves and as representatives of the several underwriters named therein. |
About EPR Properties (NYSE:EPR)
EPR Properties (EPR) is a self-administered real estate investment trust (REIT). The Company’s investment portfolio includes entertainment, education and recreation properties. The Company operates in four segments: Entertainment, Education, Recreation and Other. The Company’s Entertainment segment consists of investments in megaplex theatres, entertainment retail centers, family entertainment centers and other retail parcels. The Company’s Education segment consists of investments in public charter schools, early education centers and K-12 private schools. The Company’s Recreation segment consists of investments in metro ski parks, resorts, waterparks and golf entertainment complexes. The Company’s other segment consists of construction in progress and land held for development of the casino, golf course, entertainment village and infrastructure related to the Adelaar casino and resort project in Sullivan County, New York. EPR Properties (NYSE:EPR) Recent Trading Information
EPR Properties (NYSE:EPR) closed its last trading session down -0.21 at 71.25 with 284,211 shares trading hands.
