EPR Properties priced its cash tender offer for the $350.0 million outstanding amount of its 5.750% senior notes due July 15, 2022.
The tender offer consideration is $1,107.49 per $1,000 principal amount.
The offer was set to expire Aug. 14 at 5 p.m. ET, unless extended or earlier terminated. The settlement date is expected to be Aug. 15.
Additionally, EPR Properties on Aug. 8 agreed to issue $500.0 million of 3.750% senior notes due 2029.
Global Bondholder Services Corp. is the tender agent and information agent for the tender offer, while Citigroup Global Markets Inc. is the dealer manager.
The underwriters for the 2029 notes offering include Citigroup Global Markets Inc., Barclays Capital Inc., BofA Securities Inc. and RBC Capital Markets LLC.