New $450M Unsecured Term Loan Facility Introduced by Essential Properties Realty Trust

Thursday, 11 July 2024, 21:56

Essential Properties Realty Trust has introduced a new $450 million unsecured term loan facility with a delayed draw feature, resulting in an initial funding amount of $450 million. The loan has a 5.5-year term and offers flexibility in funding requirements. This strategic move aims to support the growth initiatives of the trust through financial diversification.
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New $450M Unsecured Term Loan Facility Introduced by Essential Properties Realty Trust

Essential Properties Realty Trust Announcement

Essential Properties Realty Trust has announced the introduction of a new unsecured term loan facility.

Loan Details

  • Amount: $450 million
  • Term: 5.5 years
  • Features: Delayed draw feature
  • Initial Funding: $450 million

The announcement signifies a strategic move to enhance financial flexibility and support growth initiatives.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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