Company: EPR-PE
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001193125-25-266433
Chunk: 9

Company: EPR PROPERTIES
Filing Date: 2025-11-05
Form: 424B5
Chunk 9
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 Book-Entry Form | We will issue the notes in the form of one or more fully registered global notes registered in the name of the nominee of The Depository Trust Company, or DTC. Beneficial interests in the notes will be represented through book-entry                
 accounts of financial institutions acting on behalf of beneficial owners as direct and indirect participants in DTC. Clearstream Banking, S.A., or Clearstream, and Euroclear Bank, SA/NV, or Euroclear, will hold interests on behalf of their         
 participants through their respective U.S. depositaries, which in turn will hold such interests in accounts as participants of DTC. Except in the limited circumstances described in this prospectus supplement, owners of beneficial interests in the  
 notes will not be entitled to have notes registered in their names, will not receive or be entitled to receive notes in definitive form and will not be considered holders of notes under the indenture. The notes will be issued only in denominations 
 of $2,000 and multiples of $1,000 in excess thereof. See “Description of Notes—Book Entry Delivery and Settlement.”                                                                                                                                     |

| Additional Issuances | We may, without the consent of or notice to holders of the notes, issue additional notes from time to time in the future, |

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| provided that such additional notes must be treated as part of the same issue for U.S. federal income tax purposes as the notes offered hereby. |

| Use of Proceeds | The net proceeds to us from the sale of the notes offered hereby are expected to be approximately $538.3 million, after deducting the underwriting discount and our estimated offering expenses. |

| We intend to use the net proceeds from this offering to repay the outstanding principal balance of our unsecured revolving credit facility and the remaining amount of net proceeds for general business purposes, which                        
 may include funding our ongoing pipeline of acquisition and build-to-suit projects. Pending application of any portion of the net proceeds from this offering                                                                                   
 to the uses described above, we may invest such proceeds in interest-bearing accounts and short-term interest-bearing securities which are consistent with our qualification as a REIT under the Internal Revenue Code of 1986, as amended (the 
 “Code”). See “Use of Proceeds.”                                                                                                                                                                                                                 |

| Conflicts of Interest | Certain of the underwriters or their affiliates act as lenders and/or agents under our unsecured revolving credit facility and, accordingly, may receive an amount in excess of 5% of the net proceeds from this offering.