secwatch.observer — SEC 8-K summary
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Issuer:     Ryman Hospitality Properties, Inc. (RHP)
CIK:        0001040829
Form:       8-K
Filed at:   2025-06-04T23:59:59+00:00
Accession:  0001104659-25-056397
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RHP issues $625M of 6.500% Senior Notes due 2033 to fund Desert Ridge acquisition
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- Issued $625M aggregate principal amount of 6.500% Senior Notes due June 15, 2033; interest payable semi-annually starting Dec 15, 2025.
- Net proceeds to fund portion of ~$865M purchase price for JW Marriott Phoenix Desert Ridge Resort & Spa.
- Balance of acquisition funded by prior common stock offering of 2,990,000 shares at $96.20 per share.
- Notes subject to special mandatory redemption at 100% if Desert Ridge Acquisition not consummated.
- Notes rank equally with existing unsecured notes; covenant restrictions apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040829/000110465925056397/0001104659-25-056397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040829/000110465925056397/tm2516966d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-056397

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