EPR Properties Credit Agreement Amendment

EPR Properties has entered into a Fifth Amended, Restated and Consolidated Credit Agreement, significantly restructuring its credit facilities. The agreement establishes a new $1.0 billion senior unsecured revolving credit facility and a $600.0 million senior unsecured delayed draw term loan facility. Key changes include extending the maturity date of the revolving credit facility, reducing interest rates, and modifying asset value calculations to incorporate proceeds from forward equity contracts. A separate $300.0 million foreign currency sublimit has been established. The total facility amount can be increased by up to $1.0 billion through an accordion feature. The revolving credit facility matures on July 17, 2030, with extension options, while the term loan facility matures on January 17, 2032. Proceeds from these facilities will be used for general business purposes, including acquisitions and investments. The agreement includes customary covenants and events of default.