VICI · News · 20260805N
Senior Notes Refinancing
VICI PROPERTIES INC. · 2026-08-05 · Importance 46 · Surprise 42 · In source text
VICI Properties priced $1.75 billion of senior unsecured notes through subsidiary VICI Properties L.P. The offering comprises $900 million of 5.400% notes due October 15, 2031, and $850 million of 5.750% notes due 2036. The notes were expected to generate approximately $1.72 billion of net proceeds, primarily to repay existing senior notes maturing in 2026 and for general corporate purposes, including potential property acquisitions and improvements.
Key facts
- VICI priced $1.75 billion in senior unsecured notes to repay debt maturing in 2026. source
- Proceeds from the offering will be used primarily to repay outstanding debt and for general corporate purposes, including potential property acquisitions and improvements. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | — | VICI priced $1.75 billion in senior unsecured notes to repay debt maturing in 2026. |
| cash | negative | committed | — | VICI priced $1.75 billion in senior unsecured notes to repay debt maturing in 2026. |