
Essential Properties L.P. is a real estate investment trust (REIT) established in 2018 and headquartered in New York City, aimed at acquiring and managing single-tenant commercial properties across the United States. The company primarily focuses on properties leased to high-quality retail and service tenants, delivering stable and attractive returns for its investors.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
EPRT 2.95% 2031-07-15 USDEssential Properties L.P | United States | 2031-07-15 | 2.950 | 4.79 |
EPRT 5.40% 2035-12-01 USDEssential Properties L.P | United States | 2035-12-01 | 5.400 | 5.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Essential Properties L.P. has issued various bonds to finance its growth strategy, with the first bond issuance occurring in early 2019. Notable among its issuances was a $500 million bond in 2021, which featured a ten-year maturity and a competitive yield compared to industry peers. Current yields on Essential Properties bonds have been favorably received, reflecting strong demand and investor confidence in the REIT’s operational stability and tenant quality. Recent news includes an announcement of expanded credit facilities, which may enhance future bond offerings.