VICI Properties Announces Closing of $1.75 Billion Senior Unsecured Notes Offering

NEW YORK, August 14, 2026--VICI Properties Inc. (NYSE: VICI) ("VICI Properties" or the "Company") announced today that its subsidiary, VICI Properties L.P. (the "Issuer"), has completed its 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 were 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 were issued at 98.375% of par value and will mature on October 15, 2036.
The Issuer intends to use the net proceeds from the offering to repay all or a portion of its outstanding (i) $480.5 million in aggregate principal amount of 4.500% senior notes due 2026, (ii) $19.5 million in aggregate principal amount of 4.500% senior notes due 2026, and (iii) $1.25 billion in aggregate principal amount of 4.250% senior notes due 2026.
Wells Fargo Securities, LLC, Barclays Capital Inc., Mizuho Securities USA LLC, Truist Securities, Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Capital One Securities, Inc., Citigroup Global Markets Inc., Citizens JMP Securities, LLC, J.P. Morgan Securities LLC and SMBC Nikko Securities America, Inc. acted as joint book-running managers for the offering. Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC acted as senior co-managers for the offering, and Scotia Capital (USA) Inc. acted as co-manager for the offering.
The offering was made pursuant to an effective shelf registration statement filed by the Company and the Issuer with the Securities and Exchange Commission (the "SEC") and only by means of a prospectus and prospectus supplement. A copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from: Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, Minnesota 55402, Attention: WFS Customer Service, email: [email protected], phone 1-800-645-3751; Barclays Capital Inc., 745 Seventh Avenue, New York, New York 10019 (fax: 646-834-8133), Attention: Syndicate Registration; Mizuho Securities USA LLC, 1271 Avenue of the Americas, New York, New York 10020, Attention: Debt Capital Markets (phone: 1-866-271-8403); and Truist Securities, Inc., 740 Battery Avenue SE, 3rd Fl., Atlanta, Georgia 30339, Attention: Prospectus Dept (phone: (800) 685-4786), or by visiting the EDGAR database on the SEC's web site at www.sec.gov.