VICI Properties Announces Closing of $1.3 Billion Senior Unsecured Notes Offering
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aggregate principal amount of$400 million 4.750% senior unsecured notes due 2028 (the 鈥�2028 Notes鈥�). The 2028 Notes were issued at99.729% of par value and will mature on April 1, 2028. -
aggregate principal amount of$900 million 5.625% senior unsecured notes due 2035 (the 鈥�2035 Notes鈥�). The 2035 Notes were issued at99.219% of par value and will mature on April 1, 2035.
The Issuer intends to use the net proceeds from the offering to repay its outstanding (i)
Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Barclays Capital Inc., Citigroup Global Markets Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC, Mizuho Securities
The offering was made pursuant to an effective shelf registration statement filed by the Company and the Issuer with the Securities and Exchange Commission (the 鈥淪EC鈥�) and only by means of a prospectus and prospectus supplement. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from: Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000,
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About VICI Properties
VICI Properties Inc. is an S&P 500庐 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words 鈥渁ssumes,鈥� 鈥渂elieves,鈥� 鈥渆stimates,鈥� 鈥渆xpects,鈥� 鈥済uidance,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥減rojects,鈥� 鈥渨ill,鈥� and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond the Company鈥檚 or the Issuer鈥檚 control and could materially affect actual results, performance, or achievements. Important risk factors that may affect the Company鈥檚 business, results of operations and financial position are detailed from time to time in the Company鈥檚 filings with the SEC. The Company and the Issuer do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
Press Release Category: Capital Markets
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Investor Contacts:
[email protected]
(646) 949-4631
Or
David Kieske
EVP, Chief Financial Officer
[email protected]
Moira McCloskey
SVP, Capital Markets
[email protected]
Source: VICI Properties Inc.