Epr properties announces comprehensive restructuring agreement and master lease with regal cinemas; management to host conference call

Kansas city, mo.--(business wire)--epr properties (nyse:epr) (the “company”) today announced that it has entered into a comprehensive restructuring agreement with regal cinemas and certain of its subsidiaries (collectively, “regal”) anchored by a new master lease (“master lease”) for 41 of the 57 properties currently leased to regal (“master lease properties”). the master lease is a triple-net lease with $65 million in total annual fixed rent (“annual base rent”) escalating by 10% every five ye.
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