On August 23, 2022, Essential Properties Realty Trust, Inc. and Essential Properties, L.P., the company's operating partnership (the operating partnership), entered into an amendment (the second amendment) to the Credit Agreement dated November 26, 2019, as previously amended, among the company, the Operating Partnership, Capital One, National Association, as Administrative Agent, and the lenders party thereto (the “Credit Agreement”). The Credit Agreement relates to the company's $430.0 million term loan with a maturity date of February 18, 2027. The Second Amendment made certain changes to provisions relating to the rates and other matters to reflect changes in market standards.