# VICI Properties L.P. — capital_raise/public_offering [pending]
Source: SEC API (secapi.ai) · situation sit_c8d213f4c7ef70592810 · retrieved 2026-08-12T07:01:27.307Z

## Overview
VICI Properties Inc. is a real estate investment trust (REIT) that owns and leases gaming and hospitality properties.

On August 5, 2026, VICI Properties L.P. entered into an underwriting agreement with Wells Fargo Securities, Barclays Capital, Mizuho Securities USA, and Truist Securities to issue and sell $900 million aggregate principal amount of 5.400% Senior Notes due October 15, 2031 (issued at 99.966% of par) and $850 million aggregate principal amount of 5.750% Senior Notes due October 15, 2036 (issued at 98.375% of par). Interest is payable semi-annually on April 15 and October 15, commencing April 15, 2027. The net proceeds are estimated at approximately $1,720.0 million after deducting underwriting discounts and offering expenses. The offering is expected to close on August 14, 2026. VICI LP intends to use the net proceeds to repay all or a portion of its outstanding senior notes due in 2026 (totaling approximately $1.75 billion) and for general corporate purposes including property acquisitions, capital expenditures, and debt refinancing.

## Terms
- Counterparty: Wells Fargo Securities, LLC; Barclays Capital Inc.; Mizuho Securities USA LLC; Truist Securities, Inc. · Deal value: $1.75B · Consideration: cash

## Key dates
- Announced 2026-08-06 · Expected close 2026-08-14

## Timeline
- 2026-08-06 · 8-K (0001104659-26-092034): 8-K - VICI Properties L.P. — *VICI Properties Inc. is a real estate investment trust (REIT) that owns and leases gaming and hospitality properties.* On August 5, 2026, VICI Properties L.P. entered into an underwriting agreement with Wells Fargo Securities, Barclays Capital, Mizuho Securities USA, and Truist Securities to issue and sell $900 million aggregate principal amount of 5.400% Senior Notes due October 15, 2031 (issued at 99.966% of par) and $850 million aggregate principal amount of 5.750% Senior Notes due October 15, 2036 (issued at 98.375% of par). Interest is payable semi-annually on April 15 and October 15, commencing April 15, 2027. The net proceeds are estimated at approximately $1,720.0 million after deducting underwriting discounts and offering expenses. The offering is expected to close on August 14, 2026. VICI LP intends to use the net proceeds to repay all or a portion of its outstanding senior notes due in 2026 (totaling approximately $1.75 billion) and for general corporate purposes including property acquisitions, capital expenditures, and debt refinancing.
  https://www.sec.gov/Archives/edgar/data/1920791/0001104659-26-092034.txt

## Citations
- 0001104659-26-092034 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926092034