Gaming and casino REIT VICI Properties $VICI (+2,4 %) announced on Wednesday the pricing of a public offering of $1.3 billion of senior unsecured notes in two tranches.

The first tranche has an aggregate principal amount of $400 million of 4.750% senior unsecured notes due April 1, 2028.

The second tranche consists of $900 million aggregate principal amount of 5.625% senior unsecured notes maturing on April 1, 2035.

Interest on the bonds is payable in cash in arrears on April 1 and October 1 of each year, starting on October 1, 2025.

The offering is expected to close on April 7 and the net proceeds will be used to redeem all or a portion of certain outstanding bonds and for general corporate purposes.

I have looked at a large number of REITs, including $O (+2,85 %) but also $CUBE (+2,54 %) , $EGP (+0 %) , $VICI (+2,4 %) , $MAA (+1,91 %) , $REXR (-0,82 %) and many more. After a planned filtering (only USA, min. 3 % DIV, very high sales/earnings ratio and others), 4 buyable REITs remained, which I then analyzed with 2 tools. In the end, 2 buy stocks came out for me and I bought one directly; the buy limit for the other is just under 1.2% below the current price. I'm excited, this is my first investment in a REIT. Take a look at the portfolio or the video.

Note after comments: Stock Finder and Stock Guide. AF usually looks better, but I actually make more returns when I "trust" the company more.

Have a nice day and best regards,

Angelo

https://youtu.be/jSwq4_tG99o

VICI Properties Inc. $VICI (+2,4 %) announced Thursday a decline in fourth-quarter operating income to $614.6 million, or $0.58 per share, compared with $747.8 million, or $0.72 per share, a year earlier.

Adjusted FFO attributable to common shareholders totaled $601.3 million, or $0.57 per share, in the fourth quarter, compared with $570.4 million, or $0.55 per share, a year earlier.

Profit for the quarter amounted to USD 614.6 million, or USD 0.58 per share, compared with USD 747.8 million, or USD 0.72 per share, in the previous year.

Total revenue increased by 4.7% to USD 976.1 million compared to USD 931.9 million in the previous year.

For the full year 2025, VICI expects adjusted FFO to be between 2.455 billion dollars, or 2.32 dollars per share, and 2.485 billion dollars, or 2.35 dollars per share.

Hi, I'd like to hear your opinions on my portfolio.

I also welcome your suggestions for etfs in 2025 with stable growth and that pay dividends. I'm analyzing this ETF to invest in the near future $JEGP (+1,38 %)

My focus is to have good assets that pay dividends and over time be able to refresh my investments with those same dividends. This way I can also get a good average price depending on the ups and downs of the market in the long term.

Since November 2024, I've been investing in shares such as $KO (+2,23 %)
$STAG (+1,6 %)
$VZ (+0,89 %)
$VICI (+2,4 %)
$O (+2,85 %)
$PZZA (+0 %)
$BMW (-2,42 %)
$T (+0,95 %) etc.

As for cryptos, I'm betting on Solana and Xrp.

In my opinion, these are two assets that could increase in value over the long term.

I have Solana in coinbase, which currently pays 8%, thus also generating recurring payments.

So at the moment I have 80% in shares and reits, and I also want to acquire etfs.

And 20% in cryptos.

Happy 2025 to everyone and good investments!

Since I have been toying with the idea of $VICI (+2,4 %) out of the portfolio and replace it with $UBER (+0,84 %) I finally made the trade today. The fact that Bill Ackman has now also built up a larger Uber position has reinforced my analysis.

I think the future for Uber as an aggregator in the transportation and delivery service sector is greener than it is estimated today and I do not believe that self-driving cars (Waymo, Tesla) will permanently weaken Uber's business and platform.

I have also trimmed my $AXP (+2,16 %) trimmed my position and invested the capital in Uber.

VICI Properties Inc. $VICI (+2,4 %) has announced the establishment of a new $2.5 billion multi-currency unsecured revolving credit facility. This new financing agreement, which matures on February 3, 2029, replaces the Company's previous credit facility in the same amount and has received the substantial support of a syndicate of 15 financial institutions.

The facility, which was reportedly oversubscribed, provides VICI Properties with the option to extend its maturity for additional six-month periods or a single twelve-month period. The interest rate is 85.0 basis points above the SOFR rate or the equivalent index rate for foreign currency loans, depending on the company's current credit ratings and leverage ratios. In addition, the company is obliged to pay a commitment fee of 20.0 basis points on the total commitments.

David Kieske, Executive Vice President and CFO of VICI Properties, expressed his gratitude for the continued support of the banking group and their confidence in the company's business model. He emphasized that the new credit facility strengthens the company's liquidity and financial flexibility, which is crucial for taking advantage of potential investment opportunities. According to InvestingPro data, VICI has a solid current ratio of 15.87, indicating exceptional liquidity with assets far exceeding current liabilities.

The syndicate of financial institutions backing this credit facility includes Wells Fargo Securities, LLC and JPMorgan Chase Bank, N.A. as Joint Bookrunners, with Wells Fargo Bank, N.A. serving as Administrative Agent. Other key participants included BofA Securities, Inc, Citibank, N.A. and JPMorgan Chase Bank, N.A. as Syndication Agents, in addition to several others who assumed roles as Documentation Agents and Joint Lead Arrangers.