VICI Properties Announces New Debt Offering

Summary

On March 26, 2025, VICI Properties Inc. and VICI Properties L.P. entered into an underwriting agreement to issue $400 million of 4.750% Senior Notes due 2028 and $900 million of 5.625% Senior Notes due 2035. The net proceeds from this offering will be used to repay existing senior notes and for general corporate purposes. Hogan Lovells US LLP issued an opinion regarding the legality of the Notes, which is filed as Exhibit 5.1.