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VICI Properties Announces Pricing of Public Offering of $1.3 Billion of Senior Unsecured Notes

1. VICI Properties announces $1.3 billion senior unsecured notes offering. 2. Funds will support growth and strategic initiatives.

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FAQ

Why Bullish?

The successful issuance of $1.3 billion in notes reflects strong investor confidence. Historical precedents show similar offerings boosted stock values as companies financed growth projects effectively.

How important is it?

The capital raised can significantly impact VICI's growth trajectories and financial health, indicating a robust plan for expansion.

Why Long Term?

Proceeds will be used for long-term strategic projects, enhancing value over time. Past bond offerings have led to sustained price increases due to growth investments.

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NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that its subsidiary, VICI Properties L.P. (the “Issuer”), has priced a public offering of $1.3 billion in aggregate principal amount of senior unsecured notes (the “Notes”) consisting of: $400 million aggregate principal amount of 4.750% senior unsecured notes due 2028 (the “2028 Notes”). The 2028 Notes will be issued at 99.729% of par value and will mature on April 1, 2028. $900 mi.

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