trending Market Intelligence /marketintelligence/en/news-insights/trending/Qfc66ZglDahlfM9U9d4NnA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Essential Properties prices upsized common share offering

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


Essential Properties prices upsized common share offering

Single-tenant net-lease real estate investment trust Essential Properties Realty Trust Inc. priced an upsized underwritten public offering of 12.2 million shares of its common stock at a public offering price of $17.50 apiece.

Assuming a full exercise of the underwriters' 30-day option to acquire up to an additional 1,830,000 shares, the gross offering proceeds are expected to be roughly $245.5 million.

Net proceeds from the offering, which is expected to close March 18, are marked for repayment of outstanding borrowings under the company's revolving credit facility and for general corporate purposes.

Citigroup, Barclays, BofA Merrill Lynch, Credit Suisse, Goldman Sachs & Co. LLC and RBC Capital Markets are the joint book-running managers for the offering.

SunTrust Robinson Humphrey, Capital One Securities, Mizuho Securities, Stifel, Evercore ISI and Ladenburg Thalmann are the co-managers.