Ryman Hospitality issues $700 million of 6.250% senior notes due 2035 for Orlando deal
Ryman Hospitality Properties and its operating partnership issued $700 million of 6.250% Senior Notes due 2035 under a new indenture dated August 25, 2026. Proceeds are intended to help fund an approximately $1.38 billion acquisition of the JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes, with the rest coming from a recent stock offering and cash on hand. The added debt increases the company's borrowing obligations, and the notes must be redeemed if the acquisition is not completed.
Key points
- $700 million aggregate principal of 6.250% Senior Notes due February 15, 2035
- Proceeds intended to fund part of an approximately $1.38 billion purchase of the Orlando Grande Lakes properties
- Balance funded by proceeds of a 5,865,000-share offering at $117.00 per share, closed August 12, 2026, and cash on hand
- Notes subject to special mandatory redemption at 100% of issue price plus accrued interest if the acquisition is not completed
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 August 25, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.