New Issue-Entertainment Properties sells $250 mln in notes

Fri Jun 25, 2010 1:27pm EDT

  June 25 (Reuters) - Entertainment Properties Trust (EPR.N)
on Friday sold $250 million of senior unsecued notes in the
144a private placement market, said IFR, a Thomson Reuters
service.
  Barclays, JP Morgan and the Royal Bank of Canada were the
joint bookrunning managers for the sale.
BORROWER: ENTERTAINMENT PROPERTIES TRUST
AMT $250 MLN      COUPON 7.75 PCT     MATURITY 7/15/2020 
TYPE SR UNS NTS   ISS PRICE 98.29     FIRST PAY 1/15/2011
MOODY'S Baa3      YIELD 8.0 PCT       SETTLEMENT 6/30/2010
S&P BB-PLUS       SPREAD 490.7 BPS    PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS    MORE THAN TREAS    MAKE-WHOLE-CALL 50 BPS

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