VICI Properties prices $750 million 5.125% senior notes due 2031 to repay 2025 notes
VICI Properties' operating partnership agreed to sell $750 million of 5.125% senior notes due 2031, priced at 99.643% of par, with closing expected December 19, 2024. The company plans to use the estimated $740.1 million in net proceeds mainly to repay its $750.0 million of 3.500% senior notes due 2025, with any remainder for general corporate purposes.
Key points
- Notes: $750 million aggregate principal, 5.125% coupon, maturing November 15, 2031
- Issue price 99.643% of par; estimated net proceeds of about $740.1 million
- Proceeds earmarked to repay $750.0 million of 3.500% senior notes due 2025
- Offering expected to close December 19, 2024, subject to customary closing conditions
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 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 December 10, 2024.
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.