VICI Properties Draws $500M Five-Year Loan at About 5.20% Fixed
VICI Properties drew a $500 million unsecured term loan and swapped it to an approximately 5.20% fixed rate to partially refinance 5.75% notes due February 2027. The company also cut revolving-credit pricing by 5 basis points; facility size and maturity are unchanged.
VICI Properties drew a $500M five-year unsecured term loan, swapped to an approximately 5.20% fixed rate, to partially refinance 5.75% notes due February 2027. It also cut revolving-credit pricing by 5 basis points; facility size and maturity are unchanged.Material DetailsContext by AI AnalystThis…