Essential Properties Realty Trust Launches Public Offering of Common Shares

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2025.03.18 21:13
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Essential Properties Realty Trust has initiated a public offering of 8 million common shares, with an option for underwriters to purchase an additional 1.2 million shares. The proceeds will be used for general corporate purposes. The offering is in connection with anticipated forward sale agreements with Wells Fargo Securities and BofA Securities. Following the announcement, shares fell 2.3% in after-hours trading.