VICI Properties Inc. (VICI) Prices 26M Share Common Offering at $22.15/Sh

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VICI Properties Inc. (VICI) Announces 22M Share Public Offering of Common Stock

June 15, 2020 4:15 PM EDT

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced it has commenced an underwritten public offering of 22,000,000 shares of its common stock, all of which will be offered on a forward basis through the forward purchaser or its affiliate in connection with the forward sale agreement described below. The underwriters of the offering also expect to be granted a 30-day option to purchase up to 3,300,000 additional shares of the Companys common stock.

Morgan Stanley, BofA Securities,... More

Eldorado Resorts (ERI), VICI Properties (VICI) Enter Into Letter of Intent for $400 Million Mortgage and Sale of 23 Acres of Land Proximate to the Las Vegas Strip

June 15, 2020 4:09 PM EDT

Eldorado Resorts, Inc. (NASDAQ: ERI) announced today it has signed a letter of intent to enter into a $400 million mortgage with VICI Properties Inc. (NYSE: VICI) (VICI) that is secured by the recently opened Caesars Forum Convention Center in Las Vegas. The 5 year mortgage will bear interest at a rate of 7.7% subject to a 2% annual escalation... More