Latham & Watkins Advises on EPR Properties’ US$500 Million Convertible Senior Notes Offering

EPR Properties (NYSE:EPR) announced the pricing of its offering of US$500 million aggregate principal amount of 4.5% convertible senior notes due 2032 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The issuance and sale of the Notes are scheduled to settle on November 16, 2026, subject to customary closing conditions. The Company also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional US$75 million aggregate principal amount of Notes.

Latham & Watkins LLP represents the initial purchasers in the offering with a Capital Markets team led by partners Greg Rodgers and Ryan Gold, with associate Steve Hess. Advice was also provided on derivatives matters by partner Eric Rice, with associate Adam Zhang and assistance from Daniel Park; and on tax matters by partners Elena Romanova and Ana O'Brien, with associate Shiyi Parsons.