NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI), an experiential asset real estate investment trust, today announced the closing of an underwritten public offering of 29,900,000 shares of its common stock (including 3,900,000 shares sold pursuant to the exercise in full of the underwriters’ option to purchase additional common stock), all of which were offered on a forward basis through the forward purchaser or its affiliate in connection with the forward sale agreement described below at a public offering price of $22.15 per share.
Morgan Stanley, BofA Securities, Deutsche Bank Securities and Goldman Sachs & Co. LLC acted as joint book-running managers for the offering, and as representatives of the underwriters in the offering. Barclays, Citigroup, J.P. Morgan, Union Gaming and Wells Fargo Securities acted as bookrunners in the offering. Citizens Capital Markets, SunTrust Robinson Humphrey, UBS Investment Bank, Baird, Capital One Securities, Credit Suisse, Evercore ISI, Ladenburg Thalmann, Nomura and Stifel acted as co-managers in the offering.
About VICI Properties
VICI Properties is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including the world-renowned Caesars Palace. VICI Properties’ national, geographically diverse portfolio consists of 28 gaming facilities comprising over 40 million square feet and features approximately 15,600 hotel rooms and more than 180 restaurants, bars and nightclubs. Its properties are leased to industry leading gaming and hospitality operators, including Caesars Entertainment Corporation, Century Casinos Inc., Hard Rock International, JACK Entertainment and Penn National Gaming, Inc. VICI Properties also owns four championship golf courses and 34 acres of undeveloped land adjacent to the Las Vegas Strip. VICI Properties’ strategy is to create the nation’s highest quality and most productive experiential real estate portfolio.

