VICI Properties Announces Pricing of Public Offering of $1.75 Billion of Senior Unsecured Notes

VICI Properties Announces Pricing of Public Offering of $1.75 Billion of Senior Unsecured Notes

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that its subsidiary, VICI Properties L.P. (the “Issuer”), has priced a public offering of $1.75 billion in aggregate principal amount of senior unsecured notes (the “Notes”) consisting of:

$900 million aggregate principal amount of 5.400% senior unsecured notes due 2031 (the “2031 Notes”). The 2031 Notes will be issued at 99.966% of par value and will mature on October 15, 2031.

$850 million aggregate principal amount of 5.750% senior unsecured notes due 2036 (the “2036 Notes”). The 2036 Notes will be issued at 98.375% of par value and will mature on October 15, 2036.

Interest on the 2031 Notes and the 2036 Notes is payable in cash in arrears on April 15 and October 15 of each year, beginning on April 15, 2027. The offering is expected to close on August 14, 2026, subject to the satisfaction of customary closing conditions.