VICI Properties Inc. (VICI) Prices 16.5M Share Offering at $30.9/sh

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VICI Properties Inc. Announces Pricing of Public Offering of Common Stock

November 3, 2022 8:52 PM EDT

NEW YORK--(BUSINESS WIRE)-- VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the pricing of an underwritten public offering of 16,500,000 shares of its common stock subject to the forward sale agreements described below, which will result in approximately $509.9 million of gross proceeds (assuming such forward sale agreements are physically settled) before any offering expenses.

The underwriters were also granted a 30-day option to purchase up to an additional 2,475,000 shares. The offering is expected to close on November 8, 2022, subject to customary closing... More