LAS VEGAS--(BUSINESS WIRE)--
VICI Properties Inc. (NYSE:VICI) (“VICI Properties” or the “Company”),
an experiential-asset real estate investment trust, today announced the
closing of the Company’s initial public offering of 69,575,000 shares of
common stock at a public offering price of $20.00 per share, including
the 9,075,000 shares of common stock sold upon full exercise of the
underwriters’ overallotment option. The Company’s shares began trading
on the New York Stock Exchange on February 1, 2018 under the symbol
“VICI”.
Morgan Stanley, Goldman Sachs & Co. LLC and BofA Merrill Lynch acted as
joint book-running managers and as representatives of the underwriters
for the offering. Barclays, Citigroup and Deutsche Bank Securities
served as bookrunners. Credit Suisse, UBS Investment Bank, Stifel,
Citizens Capital Markets, Wells Fargo Securities, Nomura and Union
Gaming acted as co-managers for the offering.
A registration statement relating to these shares was declared effective
on January 31, 2018 by the Securities and Exchange Commission. The
offering was made only by means of a prospectus.
A copy of the final prospectus related to the offering may be obtained
from any one of the following: Morgan Stanley, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, NY 10014; Goldman
Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New
York, NY 10282 (telephone: (866) 471-2526 or email: prospectus-ny@ny.email.gs.com);
BofA Merrill Lynch, Attention: Prospectus Department, NC1-004-03-43, 200
North College Street, 3rd Floor, Charlotte NC 28255-0001 (email: dg.prospectus_requests@baml.com);
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717 (telephone: (888) 603-5847 or email: Barclaysprospectus@broadridge.com);
Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 (telephone: (800) 831-9146); and Deutsche Bank
Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York,
NY 10005, (telephone: (800) 503-4611 or email: prospectus.CPDG@db.com).
A copy of the prospectus may also be obtained free of charge, when
available from the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About VICI Properties
VICI Properties is an owner, acquirer and developer of experiential real
estate assets across leading gaming, hospitality, entertainment and
leisure destinations. Our national, geographically diverse portfolio
consists of 20 market-leading properties, including Caesars Palace Las
Vegas and Harrah’s Las Vegas, two of the most iconic entertainment
facilities on the Las Vegas Strip. Across more than 36 million square
feet, our well-maintained properties are located in nine states, contain
nearly 14,000 hotel rooms and feature over 150 restaurants, bars and
nightclubs. Our properties are leased to leading brands such as Caesars,
Horseshoe, Harrah’s and Bally’s, which seek to drive consumer loyalty
and value through superior services, experiences, products and
continuous innovation. VICI Properties also owns four championship golf
courses and approximately 34 acres of undeveloped land adjacent to the
Las Vegas Strip. VICI Properties intends to establish itself as a
leading REIT, creating long term total returns for its stockholders
through the payment of consistent cash distributions and the growth of
its cash flow and asset base.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the federal securities laws. You can identify these
statements by our use of the words “assumes,” “believes,” “estimates,”
“expects,” “guidance,” “intends,” “plans,” “projects,” and similar
expressions that do not relate to historical matters. All statements
other than statements of historical fact are forward-looking statements.
You should exercise caution in interpreting and relying on
forward-looking statements because they involve known and unknown risks,
uncertainties, and other factors which are, in some cases, beyond the
Company’s control and could materially affect actual results,
performance, or achievements. Important risk factors that may affect the
Company’s business, prospects, results of operations and financial
position are discussed in its prospectus dated January 31, 2018. The
Company does not undertake any obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise, except as may be required by applicable law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180205005943/en/
Source: VICI Properties Inc.