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Essential Properties Set To Launch $588M IPO

Law360 (June 11, 2018, 9:00 PM EDT) -- New Jersey-based Essential Properties Realty Trust Inc. set the terms for an initial public offering on Monday that could raise up to $588.5 million, which the real estate investment trust said will be put toward an an operating partnership.

Sidley Austin LLP will guide the company — whose 530 properties are occupied by tenants like AMC Theaters, Ruby Tuesday and Mister Car Wash — in offering 32.5 million shares priced between $14 and $17 each, according to a registration statement filed with the U.S. Securities and...
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