Sidley advised Essential Properties Realty Trust, Inc. (NYSE: EPRT), in an exempt offering by Essential Properties, L.P., its operating partnership, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, of US$517.5 million aggregate principal amount of 4.375% Exchangeable Senior Notes due 2032. The deal closed on October 30, 2026. The offering included the full exercise of the initial purchasers’ option to purchase an additional US$67.5 million of notes, on top of the US$450 million base deal. The notes are fully and unconditionally guaranteed by Essential Properties Realty Trust, Inc. on a senior, unsecured basis.
The Sidley team was led by Bartholomew A. Sheehan III, Nicole C. Garrett, Robert Mandell, and Prabhat K. Mehta (Capital Markets), and included Samayra Siddiqui (Capital Markets), and Christian Brause, Patrick M. Gray, and Ryan M. Kelly (Tax).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
