VICI Properties closes USD 1.75 billion senior unsecured notes offering
VICI•Use of proceeds
Net proceeds are earmarked to repay senior notes due 2026, including USD 1.25 billion of 4.25% notes.
Notes offering and pricing
VICI Properties closed a USD 1.75 billion senior unsecured notes offering.
- Issuance included USD 900 million of 5.4% senior unsecured notes due Oct. 15, 2031.
- The deal also included USD 850 million of 5.75% senior unsecured notes due Oct. 15, 2036.
- The notes were priced at 99.97% of par for the 2031 tranche and 98.38% for the 2036 tranche.
