VICI Properties (VICI) said late Monday that its unit completed a $1.3 billion public offering of senior unsecured notes.
The offering comprised $400 million of 4.750% senior unsecured notes due 2028 and $900 million of 5.625% senior unsecured notes due 2035, the company said.
Net proceeds from the offering will be used to repay the outstanding $500 million of 4.375% senior notes due 2025, $799.4 million of 4.625% senior exchange notes due 2025 and $600,000 of 4.625% senior notes due 2025, VICI added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.