VICI Properties (VICI) said late Thursday its VICI Properties LP unit closed a $750 million public offering of 5.125% senior unsecured notes due 2031.
Proceeds from the offering will be used to repay the outstanding $750 million of 3.5% senior notes due 2025, according to the company.
The new notes will mature on Nov. 15, 2031, VICI added.