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AI brief of an SEC Form 8-K · Ryman Hospitality Properties (RHP)

Ryman Hospitality issues $625 million 6.500% senior notes due 2033 to fund hotel deal

Neutral Impact 4 of 5 financing Written later

Ryman Hospitality Properties and its operating partnership issued $625 million of 6.500% senior notes due June 15, 2033, under an indenture dated June 4, 2025. The Operating Partnership plans to use the proceeds to help fund the approximately $865 million purchase of the JW Marriott Phoenix Desert Ridge Resort & Spa, with the rest of the price to come from a May 21, 2025 common stock offering.

Key points

  • Notes total $625 million, carry a 6.500% interest rate, and mature June 15, 2033; interest is payable June 15 and December 15, starting December 15, 2025
  • Proceeds fund a portion of the approximately $865 million purchase price of the JW Marriott Phoenix Desert Ridge Resort & Spa in Phoenix, Arizona
  • Balance of the purchase price comes from a stock offering of 2,990,000 shares at $96.20 per share that closed May 21, 2025
  • If the acquisition is not completed, the notes must be redeemed at 100% of the issue price plus accrued interest

The filing

CompanyRyman Hospitality Properties (RHP)
Form8-K, current report
Filed with the SECJun 4, 2025, 4:15 PM ET
Accession number0001104659-25-056397

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.