VICI Properties Inc. $VICI (-0.32%) announced yesterday that its subsidiary, VICI Properties L.P. (the "Issuer"), has completed its public offering of USD 750 million aggregate principal amount of 5.125% senior unsecured notes due 2031 (the "Notes"). The Notes were issued at 99.643% of the principal amount and will mature on November 15, 2031.
The Issuer intends to use the net proceeds from the offering to redeem its outstanding 3.500% Senior Notes due 2025 in the aggregate principal amount of USD 750 million.