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[8-K] Essential Properties AG真人官方ty Trust, Inc. Reports Material Event

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Essential Properties AG真人官方ty Trust, Inc. reported that on August 18, 2025 the issuer and guarantor entered an Underwriting Agreement with Wells Fargo Securities, LLC and Mizuho Securities USA LLC as representatives of the underwriters for an offering of notes that will be fully and unconditionally guaranteed by the Guarantor. The filing summarizes the Base Indenture and a Second Supplemental Indenture that govern the Notes and refers to the effective shelf registration statement used for the offering (Registration Nos. 333-280265 and 333-280265-01).

The filing lists events that would constitute defaults under the Indenture, including failure to pay principal or redemption amounts, invalidity or unenforceability of the Guarantee, uncured covenant breaches following notice, failure to pay certain debt of the issuer, guarantor or certain significant subsidiaries above $50,000,000, and bankruptcy or similar insolvency events. A copy of the Underwriting Agreement is attached as Exhibit 1.1 and incorporated by reference.

Essential Properties AG真人官方ty Trust, Inc. ha comunicato che il 18 agosto 2025 l'emittente e il garante hanno stipulato un Underwriting Agreement con Wells Fargo Securities, LLC e Mizuho Securities USA LLC, in qualit脿 di rappresentanti dei sottoscrittori, per un'offerta di obbligazioni che saranno garantite in modo pieno e incondizionato dal Garante. La comunicazione riassume il Base Indenture e il Second Supplemental Indenture che disciplinano le Obbligazioni e fa riferimento alla dichiarazione di registrazione a scaffale efficace utilizzata per l'offerta (Registration Nos. 333-280265 e 333-280265-01).

Il documento elenca inoltre gli eventi che costituirebbero inadempienze ai sensi dell'Indenture, tra cui il mancato pagamento di capitale o importi di rimborso, l'invalidit脿 o l'inefficacia della Garanzia, violazioni di covenant non sanate dopo avviso, il mancato pagamento di determinati debiti dell'emittente, del garante o di determinate controllate rilevanti superiori a 50.000.000 di dollari, e procedure fallimentari o eventi di insolvenza analoghi. Una copia dell'Underwriting Agreement 猫 allegata come Exhibit 1.1 e incorporata per riferimento.

Essential Properties AG真人官方ty Trust, Inc. inform贸 que el 18 de agosto de 2025 el emisor y el garante celebraron un Underwriting Agreement con Wells Fargo Securities, LLC y Mizuho Securities USA LLC como representantes de los suscriptores, para una oferta de bonos que estar谩n totalmente y de manera incondicional garantizados por el Garante. La presentaci贸n resume el Base Indenture y un Second Supplemental Indenture que rigen los Bonos y remite a la declaraci贸n de registro en plataforma efectiva utilizada para la oferta (Registration Nos. 333-280265 y 333-280265-01).

El documento enumera los hechos que constituir铆an incumplimientos seg煤n el Indenture, incluyendo la falta de pago de principal o montos de redenci贸n, la invalidez o inaplicabilidad de la Garant铆a, incumplimientos de convenios no subsanados tras notificaci贸n, la falta de pago de ciertas deudas del emisor, del garante o de determinadas subsidiarias significativas superiores a 50.000.000 de d贸lares, y procesos de bancarrota o eventos similares de insolvencia. Se adjunta una copia del Underwriting Agreement como Exhibit 1.1 e incorporada por referencia.

Essential Properties AG真人官方ty Trust, Inc.電� 2025雲� 8鞗� 18鞚� 氚滍枆鞚戈臣 氤挫鞚胳澊 歃濌秾鞚胳垬鞚� 雽�響滌澑 Wells Fargo Securities, LLC 氚� Mizuho Securities USA LLC鞕� 頃粯 氤挫鞚胳澊 鞝勳暋 氚� 氍挫“瓯挫爜鞙茧 氤挫頃橂姅 毂勱秾 氚滍枆鞚� 鞙勴暅 Underwriting Agreement鞚� 觳搓舶頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊電� 毂勱秾鞚� 攴滌湪頃橂姅 旮半掣 鞚鸽嵈觳�(Base Indenture)鞕� 霊� 氩堨Ц 氤挫订 鞚鸽嵈觳�(Second Supplemental Indenture)毳� 鞖旍暯頃橁碃, 頃措嫻 氚滍枆鞐� 靷毄霅� 須牓 鞛堧姅 靹犽皹 霌彪 氇呾劯靹�(Registration Nos. 333-280265 氚� 333-280265-01)毳� 鞏戈笁頃╇媹雼�.

靹滊鞐愲姅 鞚鸽嵈觳橃儊 鞙勲皹鞙茧 臧勳＜霅� 靷贝霌れ澊 雮橃棿霅橃柎 鞛堨溂氅�, 鞐赴鞐愲姅 鞗愱笀 霕愲姅 靸來櫂 旮堨暋 氙胳旮�, 氤挫鞚� 氍错毃 霕愲姅 歆戫枆 攵堧姤, 韱奠 頉� 鞁滌爼霅橃 鞎婌潃 瓿勳暯 鞙勲皹, 氚滍枆鞚嘎冯炒歃濎澑 霕愲姅 韸轨爼 欤检殧 鞛愴殞靷潣 50,000,000雼煬 齑堦臣 毂勲 氙胳旮�, 韺岇偘 霕愲姅 鞙犾偓頃� 歆�旮夒秷電� 靷贝 霌膘澊 韽暔霅╇媹雼�. Underwriting Agreement 靷掣鞚� Exhibit 1.1搿� 觳秬霅橃柎 彀胳“搿� 韽暔霅橃柎 鞛堨姷雼堧嫟.

Essential Properties AG真人官方ty Trust, Inc. a indiqu茅 que le 18 ao没t 2025 l'茅metteur et le garant ont conclu un Underwriting Agreement avec Wells Fargo Securities, LLC et Mizuho Securities USA LLC en qualit茅 de repr茅sentants des souscripteurs, pour une offre d'obligations qui seront enti猫rement et inconditionnellement garanties par le Garant. le d茅p么t r茅sume le Base Indenture et un Second Supplemental Indenture qui r茅gissent les Obligations et renvoie 脿 la d茅claration d'enregistrement en shelf effective utilis茅e pour l'offre (Registration Nos. 333-280265 et 333-280265-01).

Le d茅p么t 茅num猫re les 茅v茅nements constituant des d茅fauts en vertu de l'Indenture, notamment l'absence de paiement du principal ou des montants de remboursement, l'invalidit茅 ou l'inex茅cutabilit茅 de la Garantie, les manquements aux engagements non r茅par茅s apr猫s notification, le d茅faut de paiement de certaines dettes de l'茅metteur, du garant ou de certaines filiales importantes sup茅rieures 脿 50 000 000 USD, ainsi que les proc茅dures de faillite ou 茅v茅nements d'insolvabilit茅 similaires. Une copie de l'Underwriting Agreement est jointe en tant qu'Exhibit 1.1 et incorpor茅e par r茅f茅rence.

Essential Properties AG真人官方ty Trust, Inc. meldete, dass am 18. August 2025 der Emittent und der Garant eine Underwriting Agreement mit Wells Fargo Securities, LLC und Mizuho Securities USA LLC als Vertreter der Zeichner f眉r ein Anleiheangebot abgeschlossen haben, das vom Garanten vollst盲ndig und bedingungslos garantiert wird. Die Einreichung fasst das Base Indenture und ein Second Supplemental Indenture zusammen, die die Anleihen regeln, und verweist auf die verwendete wirksame Shelf-Registrierungserkl盲rung (Registration Nos. 333-280265 und 333-280265-01).

Die Einreichung f眉hrt Ereignisse auf, die nach dem Indenture als Vertragsverletzungen gelten w眉rden, darunter die Nichtzahlung von Kapital oder R眉ckzahlungsbetr盲gen, die Ung眉ltigkeit oder Undurchsetzbarkeit der Garantie, nicht behobene Covenant-Verst枚脽e nach Benachrichtigung, die Nichtzahlung bestimmter Verbindlichkeiten des Emittenten, des Garanten oder bestimmter bedeutender Tochtergesellschaften 眉ber 50.000.000 USD sowie Insolvenz- oder 盲hnliche Zahlungsunf盲higkeitsereignisse. Eine Kopie der Underwriting Agreement ist als Exhibit 1.1 beigef眉gt und wird durch Verweis einbezogen.

Positive
  • Offering is under an effective shelf registration (Registration Nos. 333-280265 and 333-280265-01), facilitating issuance
  • Notes are fully and unconditionally guaranteed by the Guarantor, which supports investor protections
  • Underwriters named (Wells Fargo Securities, LLC and Mizuho Securities USA LLC) provide established distribution channels
Negative
  • Indenture contains multiple default and acceleration triggers, including payment failures and insolvency events
  • Debt of Significant Subsidiaries over $50,000,000 can cause cross-defaults if unpaid and uncured
  • Certain defaults require notice and a 60-day cure period, creating near-term operational and covenant risk if issues arise

Insights

TL;DR: Company is issuing guaranteed notes under an effective shelf; default triggers and significant-debt thresholds are defined and could affect creditors.

The filing confirms an underwritten debt offering using an existing shelf registration and a full guarantee from the Guarantor, which supports marketability and may lower investor risk relative to unsecured paper. The Indenture provisions summarized identify customary and material acceleration/default events, including failure to pay Debt exceeding $50,000,000 and bankruptcy events, which are important for debt-holders and rating considerations. The underwriting parties named are Wells Fargo Securities and Mizuho Securities USA, indicating institutional distribution channels. The information is transactional and material to creditors and fixed-income investors.

TL;DR: The filing documents governance of new indebtedness via Indenture and Guarantee; key cure periods and notice thresholds are specified.

The summary highlights governance mechanics: trustee or holders representing 25% of outstanding Notes can trigger notice-based cure processes and there is a 60-day cure window for certain defaults. These thresholds and cure mechanics determine remediation rights and creditor influence in default scenarios. The inclusion of Significant Subsidiary thresholds (investment of at least $50,000,000) and debt quantum (> $50,000,000) clarifies which affiliate debts can accelerate the Notes, which is material for assessing intra-group credit risk and potential cross-default exposures.

Essential Properties AG真人官方ty Trust, Inc. ha comunicato che il 18 agosto 2025 l'emittente e il garante hanno stipulato un Underwriting Agreement con Wells Fargo Securities, LLC e Mizuho Securities USA LLC, in qualit脿 di rappresentanti dei sottoscrittori, per un'offerta di obbligazioni che saranno garantite in modo pieno e incondizionato dal Garante. La comunicazione riassume il Base Indenture e il Second Supplemental Indenture che disciplinano le Obbligazioni e fa riferimento alla dichiarazione di registrazione a scaffale efficace utilizzata per l'offerta (Registration Nos. 333-280265 e 333-280265-01).

Il documento elenca inoltre gli eventi che costituirebbero inadempienze ai sensi dell'Indenture, tra cui il mancato pagamento di capitale o importi di rimborso, l'invalidit脿 o l'inefficacia della Garanzia, violazioni di covenant non sanate dopo avviso, il mancato pagamento di determinati debiti dell'emittente, del garante o di determinate controllate rilevanti superiori a 50.000.000 di dollari, e procedure fallimentari o eventi di insolvenza analoghi. Una copia dell'Underwriting Agreement 猫 allegata come Exhibit 1.1 e incorporata per riferimento.

Essential Properties AG真人官方ty Trust, Inc. inform贸 que el 18 de agosto de 2025 el emisor y el garante celebraron un Underwriting Agreement con Wells Fargo Securities, LLC y Mizuho Securities USA LLC como representantes de los suscriptores, para una oferta de bonos que estar谩n totalmente y de manera incondicional garantizados por el Garante. La presentaci贸n resume el Base Indenture y un Second Supplemental Indenture que rigen los Bonos y remite a la declaraci贸n de registro en plataforma efectiva utilizada para la oferta (Registration Nos. 333-280265 y 333-280265-01).

El documento enumera los hechos que constituir铆an incumplimientos seg煤n el Indenture, incluyendo la falta de pago de principal o montos de redenci贸n, la invalidez o inaplicabilidad de la Garant铆a, incumplimientos de convenios no subsanados tras notificaci贸n, la falta de pago de ciertas deudas del emisor, del garante o de determinadas subsidiarias significativas superiores a 50.000.000 de d贸lares, y procesos de bancarrota o eventos similares de insolvencia. Se adjunta una copia del Underwriting Agreement como Exhibit 1.1 e incorporada por referencia.

Essential Properties AG真人官方ty Trust, Inc.電� 2025雲� 8鞗� 18鞚� 氚滍枆鞚戈臣 氤挫鞚胳澊 歃濌秾鞚胳垬鞚� 雽�響滌澑 Wells Fargo Securities, LLC 氚� Mizuho Securities USA LLC鞕� 頃粯 氤挫鞚胳澊 鞝勳暋 氚� 氍挫“瓯挫爜鞙茧 氤挫頃橂姅 毂勱秾 氚滍枆鞚� 鞙勴暅 Underwriting Agreement鞚� 觳搓舶頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊電� 毂勱秾鞚� 攴滌湪頃橂姅 旮半掣 鞚鸽嵈觳�(Base Indenture)鞕� 霊� 氩堨Ц 氤挫订 鞚鸽嵈觳�(Second Supplemental Indenture)毳� 鞖旍暯頃橁碃, 頃措嫻 氚滍枆鞐� 靷毄霅� 須牓 鞛堧姅 靹犽皹 霌彪 氇呾劯靹�(Registration Nos. 333-280265 氚� 333-280265-01)毳� 鞏戈笁頃╇媹雼�.

靹滊鞐愲姅 鞚鸽嵈觳橃儊 鞙勲皹鞙茧 臧勳＜霅� 靷贝霌れ澊 雮橃棿霅橃柎 鞛堨溂氅�, 鞐赴鞐愲姅 鞗愱笀 霕愲姅 靸來櫂 旮堨暋 氙胳旮�, 氤挫鞚� 氍错毃 霕愲姅 歆戫枆 攵堧姤, 韱奠 頉� 鞁滌爼霅橃 鞎婌潃 瓿勳暯 鞙勲皹, 氚滍枆鞚嘎冯炒歃濎澑 霕愲姅 韸轨爼 欤检殧 鞛愴殞靷潣 50,000,000雼煬 齑堦臣 毂勲 氙胳旮�, 韺岇偘 霕愲姅 鞙犾偓頃� 歆�旮夒秷電� 靷贝 霌膘澊 韽暔霅╇媹雼�. Underwriting Agreement 靷掣鞚� Exhibit 1.1搿� 觳秬霅橃柎 彀胳“搿� 韽暔霅橃柎 鞛堨姷雼堧嫟.

Essential Properties AG真人官方ty Trust, Inc. a indiqu茅 que le 18 ao没t 2025 l'茅metteur et le garant ont conclu un Underwriting Agreement avec Wells Fargo Securities, LLC et Mizuho Securities USA LLC en qualit茅 de repr茅sentants des souscripteurs, pour une offre d'obligations qui seront enti猫rement et inconditionnellement garanties par le Garant. le d茅p么t r茅sume le Base Indenture et un Second Supplemental Indenture qui r茅gissent les Obligations et renvoie 脿 la d茅claration d'enregistrement en shelf effective utilis茅e pour l'offre (Registration Nos. 333-280265 et 333-280265-01).

Le d茅p么t 茅num猫re les 茅v茅nements constituant des d茅fauts en vertu de l'Indenture, notamment l'absence de paiement du principal ou des montants de remboursement, l'invalidit茅 ou l'inex茅cutabilit茅 de la Garantie, les manquements aux engagements non r茅par茅s apr猫s notification, le d茅faut de paiement de certaines dettes de l'茅metteur, du garant ou de certaines filiales importantes sup茅rieures 脿 50 000 000 USD, ainsi que les proc茅dures de faillite ou 茅v茅nements d'insolvabilit茅 similaires. Une copie de l'Underwriting Agreement est jointe en tant qu'Exhibit 1.1 et incorpor茅e par r茅f茅rence.

Essential Properties AG真人官方ty Trust, Inc. meldete, dass am 18. August 2025 der Emittent und der Garant eine Underwriting Agreement mit Wells Fargo Securities, LLC und Mizuho Securities USA LLC als Vertreter der Zeichner f眉r ein Anleiheangebot abgeschlossen haben, das vom Garanten vollst盲ndig und bedingungslos garantiert wird. Die Einreichung fasst das Base Indenture und ein Second Supplemental Indenture zusammen, die die Anleihen regeln, und verweist auf die verwendete wirksame Shelf-Registrierungserkl盲rung (Registration Nos. 333-280265 und 333-280265-01).

Die Einreichung f眉hrt Ereignisse auf, die nach dem Indenture als Vertragsverletzungen gelten w眉rden, darunter die Nichtzahlung von Kapital oder R眉ckzahlungsbetr盲gen, die Ung眉ltigkeit oder Undurchsetzbarkeit der Garantie, nicht behobene Covenant-Verst枚脽e nach Benachrichtigung, die Nichtzahlung bestimmter Verbindlichkeiten des Emittenten, des Garanten oder bestimmter bedeutender Tochtergesellschaften 眉ber 50.000.000 USD sowie Insolvenz- oder 盲hnliche Zahlungsunf盲higkeitsereignisse. Eine Kopie der Underwriting Agreement ist als Exhibit 1.1 beigef眉gt und wird durch Verweis einbezogen.

false000172895100017289512025-08-182025-08-18

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
August 18, 2025
Date of Report (Date of earliest event reported)
Essential Properties AG真人官方ty Trust, Inc.
(Exact name of registrant as specified in its charter)
Maryland001-3853082-4005693
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
902 Carnegie Center Boulevard, Suite 520
Princeton, New Jersey
(Address of principal executive offices)
08540
(Zip Code)
Registrant’s telephone number, including area code: (609) 436-0619
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common Stock, $0.01 par value per shareEPRTNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


Item 1.01 — Entry into a Material Definitive Agreement.
The information set forth in Item 2.03 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01.
Item 2.03 — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On August 21, 2025, Essential Properties, L.P. (the “Issuer”), a Delaware limited partnership and subsidiary of Essential Properties AG真人官方ty Trust, Inc., a Maryland corporation (the “Guarantor”), closed an underwritten public offering of $400,000,000 aggregate principal amount of its 5.400% Senior Notes due 2035 (the “Notes”).
The Notes are fully and unconditionally guaranteed by the Guarantor (the “Guarantee”). The terms of the Notes are governed by an indenture, dated as of June 28, 2021 (the “Base Indenture”), by and among the Issuer, the Guarantor and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee (the “Trustee”), as supplemented by a second supplemental indenture, dated as of August 21, 2025 (the “Second Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), by and among the Issuer, the Guarantor and the Trustee. The Indenture contains various restrictive covenants, including requirements to maintain a certain percentage of total unencumbered assets by the Guarantor. Copies of the Base Indenture and the Second Supplemental Indenture, including the form of Notes and the Guarantee, the terms of which are incorporated herein by reference, are attached as Exhibits 4.1 and 4.2, respectively, to this Current Report on Form 8-K.
The purchase price paid by the underwriters for the Notes was 97.667% of the principal amount thereof. The Notes are the Issuer’s senior unsecured obligations and rank equally in right of payment with all of the Issuer’s other existing and future senior unsecured indebtedness. However, the Notes are effectively subordinated in right of payment to all of the Issuer’s existing and future mortgage indebtedness and other secured indebtedness (to the extent of the value of the collateral securing such indebtedness) and to all existing and future indebtedness and other liabilities, whether secured or unsecured, of the Issuer’s subsidiaries and of any entity the Issuer accounts for using the equity method of accounting and to all preferred equity not owned by the Issuer, if any, in any of its subsidiaries and in any entity the Issuer accounts for using the equity method of accounting. The Notes bear interest at 5.400% per annum. Interest is payable on June 1 and December 1 of each year, beginning December 1, 2025, until the maturity date of December 1, 2035.
Prior to September 1, 2035 (three months prior to the maturity date of the Notes), the Issuer may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a redemption price in cash (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
•(1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the Notes matured on September 1, 2035) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points less (b) unpaid interest accrued thereon to, but not including, the redemption date; and
•(2) 100% of the principal amount of the Notes to be redeemed,
plus, in either case, unpaid interest, accrued thereon to, but not including, the redemption date.
Notwithstanding the foregoing, if any of the Notes are redeemed on or after September 1, 2035 (three months prior to the maturity date of the Notes), the redemption price will not include a make-whole premium.
Certain events are considered events of default, which may result in the accelerated maturity of the Notes, including:
•default for 30 days in the payment of any installment of interest under the Notes;
2

•default in the payment of the principal amount or any other portion of the redemption price due with respect to the Notes, when the same becomes due and payable;
•the Guarantee is not (or is claimed by the Guarantor in writing to the trustee not to be) in full force and effect (other than in accordance with the terms of the Indenture) with respect to the Notes;
•failure by the Issuer or the Guarantor to comply with any of the Issuer’s or the Guarantor’s respective other agreements contained in the Notes or the Indenture with respect to the Notes upon receipt by the Issuer of notice of such default by the trustee or by holders of not less than 25% in aggregate principal amount of the Notes then outstanding and the Issuer’s failure to cure (or obtain a waiver of) such default within 60 days after receipt by the Issuer of such notice;
•failure to pay any Debt (as defined in the Indenture) (other than Non-Recourse Debt (as defined in the Indenture)) that is (a) of the Issuer or the Guarantor or any Subsidiary (as defined in the Indenture) in which the Issuer or the Guarantor has invested at least $50,000,000 in capital (a “Significant Subsidiary”) and (b) in an outstanding principal amount in excess of $50,000,000 at final maturity or upon acceleration after the expiration of any applicable grace period, which Debt is not discharged, or such default in payment or acceleration is not cured or rescinded, within 60 days after written notice to the Issuer from the trustee (or to the Issuer and the trustee from holders of at least 25% in principal amount of the outstanding Notes); or
•certain events in bankruptcy, insolvency or reorganization, or court appointment of a receiver, liquidator or trustee of the Issuer, Guarantor, or any Significant Subsidiary or all or substantially all of their respective property.
The descriptions of the Base Indenture and the Second Supplemental Indenture in this Current Report on Form 8-K are summaries and are qualified in their entirety by the terms of the Base Indenture and the Second Supplemental Indenture, respectively.
The Notes were offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on June 17, 2024 (Registration Nos. 333-280265 and 333-280265-01), a base prospectus, dated June 17, 2024, and a prospectus supplement, dated August 18, 2025, filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended.
Item 8.01 — Other Events.
On August 18, 2025, the Issuer and the Guarantor entered into an underwriting agreement (the “Underwriting Agreement”) with Wells Fargo Securities, LLC and Mizuho Securities USA LLC, as representatives of the several underwriters named therein, with respect to the offering of the Notes, which will be fully and unconditionally guaranteed by the Guarantor. A copy of the Underwriting Agreement is attached as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 — Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
1.1
Underwriting Agreement, dated as of August 18, 2025, among the Issuer and the Guarantor, on the one hand, and Wells Fargo Securities, LLC and Mizuho Securities USA LLC, as representatives of the several underwriters named therein, on the other hand
4.1
Indenture, dated as of June 28, 2021, among the Issuer, the Guarantor and the Trustee, including the form of the Guarantee (Incorporated by reference to Exhibit 4.1 to the Company’s Current Report on 8-K filed on June 28, 2021)
3

4.2
Second Supplemental Indenture, dated as of August 21, 2025, among the Issuer, the Guarantor and the Trustee, including the form of the Notes
5.1
Opinion of Venable LLP
5.2
Opinion of Sidley Austin LLP
23.1
Consent of Venable LLP (included in Exhibit 5.1)
23.2
Consent of Sidley Austin LLP (included in Exhibit 5.2)
104Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ESSENTIAL PROPERTIES REALTY TRUST, INC.
Date: August 21, 2025By:/s/ Mark E. Patten
Mark E. Patten
Executive Vice President, Chief Financial Officer,
Treasurer and Corporate Secretary

Source:

FAQ

What did Essential Properties AG真人官方ty Trust (EPRT) report on August 18, 2025?

The company reported that the issuer and guarantor entered an Underwriting Agreement for an offering of notes that will be fully and unconditionally guaranteed by the Guarantor.

Which firms are the underwriters for the notes offering?

The Underwriting Agreement names Wells Fargo Securities, LLC and Mizuho Securities USA LLC as representatives of the several underwriters.

Are the notes being issued under a shelf registration?

Yes. The Notes were offered pursuant to an effective shelf registration statement with Registration Nos. 333-280265 and 333-280265-01.

What default events are specified in the filing?

Defaults include failure to pay principal or redemption amounts, challenges to the Guarantee's enforceability, uncured covenant breaches after notice, failure to pay certain Debt over $50,000,000, and bankruptcy or insolvency events.

What notice and cure provisions are described for defaults?

Certain defaults require notice by the trustee or holders of at least 25% of outstanding Notes and provide a 60-day cure period for the Issuer to remedy or obtain a waiver.
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Essential Properties AG真人官方ty Trust

NYSE:EPRT

EPRT Rankings

#1204 Ranked by Market Cap
#945 Ranked by Dividends

EPRT Latest News

Aug 18, 2025
Essential Properties AG真人官方ty Trust, Inc. Announces Pricing of $400 Million of 5.400% Senior Notes due 2035
Jul 23, 2025
Essential Properties Announces Second Quarter 2025 Results
Jul 17, 2025
Essential Properties AG真人官方ty Trust, Inc. Elects Ms. Kristin L. Smallwood to Board of Directors
Jun 25, 2025
Essential Properties AG真人官方ty Trust, Inc. to Report Second Quarter 2025 Results on July 23, 2025
Jun 2, 2025
Essential Properties AG真人官方ty Trust, Inc. Increases Quarterly Dividend to $0.30 per Share, an Increase of Approximately 2% Over Prior Quarter

EPRT Latest SEC Filings

Aug 19, 2025
[424B5] Essential Properties AG真人官方ty Trust, Inc. Prospectus Supplement (Debt Securities)
Jul 23, 2025
[Form 4] Essential Properties AG真人官方ty Trust, Inc. Insider Trading Activity
Jul 23, 2025
[10-Q] Essential Properties AG真人官方ty Trust, Inc. Quarterly Earnings Report
Jul 22, 2025
[Form 3] Essential Properties AG真人官方ty Trust, Inc. Initial Statement of Beneficial Ownership
Jul 21, 2025
[8-K] Essential Properties AG真人官方ty Trust, Inc. Reports Material Event

EPRT Stock Data

6.16B
196.93M
0.58%
112.91%
5.91%
REIT - Retail
AG真人官方 Estate Investment Trusts
United States
PRINCETON