On September 14, 2026, Essential Properties Realty Trust, Inc. entered into an eighth amendment to its Amended and Restated Credit Agreement. The amendment was executed by the Company through its operating partnership, Essential Properties, L.P., and was agreed upon with Wells Fargo Bank, National Association as the Administrative Agent and the lenders party to the agreement.
The primary change to the facility involves an increase in the commitments under the Revolving Credit Facility. Following the amendment, the total commitments under this facility have been raised from $1.0 billion to $1.3 billion.
In addition to the increase in commitments, the amendment includes several other modifications to the Credit Agreement. These changes include a reduction in the pricing margins for the Revolving Credit Facility and term loans, the release of Subsidiary Guarantors from their respective Guarantee Obligations and Loan Party status, and a reset of the accordion feature to permit $700.0 million in availability.
As part of the restructuring associated with this agreement, Essential Properties Realty Trust repaid the full obligations under its Capital One Credit Agreement and terminated that agreement.
