---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-030947"
form_type: "8-K"
ticker: "RHP"
cik: "0001040829"
company_name: "Ryman Hospitality Properties, Inc."
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T18:45:31.977394+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ryman Hospitality closes $400M 7.250% senior notes offering for Hill Country acquisition

## Summary
- $400M aggregate principal of 7.250% senior notes due 2028 issued by RHP Hotel Properties, LP and RHP Finance Corporation.
- Net proceeds ~$393M; deposited into escrow pending completion of ~$800M JW Marriott San Antonio Hill Country acquisition.
- If acquisition not consummated, notes subject to special mandatory redemption at 100% of issue price plus accrued interest.
- Notes are unsecured senior obligations, guaranteed by Ryman and certain subsidiaries; rank equally with existing 4.750% 2027 and 4.500% 2029 notes.
- Offering complements earlier 4.4M share common stock offering at $93.25/share that closed June 9, 2023.

## SEC filing metadata
- accession: 0001140361-23-030947
- form_type: 8-K
- ticker: RHP
- cik: 0001040829
- company_name: Ryman Hospitality Properties, Inc.
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040829/000114036123030947/0001140361-23-030947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040829/000114036123030947/brhc20054708_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-030947
- JSON: https://secwatch.observer/filing/0001140361-23-030947.json
- Plain text: https://secwatch.observer/filing/0001140361-23-030947.txt

## Key facts
- Debt Financings
  Ryman Hospitality Properties, Inc. incurred senior notes of $400 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.250% maturing July 15, 2028.
  - Instrument: senior notes
  - Principal: $400 million aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 7.250%
  - Maturity: July 15, 2028
  - Event: incurrence
  source text: On June 22, 2023, Ryman Hospitality Properties, Inc., a Delaware corporation (the “Company”), its subsidiaries RHP Hotel Properties, LP, a Delaware limited partnership (the “Operating Partnership”), and RHP Finance Corporation (together with the Operating Partnership, the “Issuers”), and certain of the Company’s other subsidiaries named as guarantors (each such subsidiary and the Company individually, a “Guarantor” and, collectively the “Guarantors”) entered into an indenture (the “Indenture”) with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), pursuant to which the Issuers issued $400 million aggregate principal amount of 7.250% Senior Notes due 2028 (the “Notes”), which are guaranteed by the Guarantors (the “Guarantees”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040829/000114036123030947/0001140361-23-030947-index.htm
- Material Agreements
  Ryman Hospitality Properties, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $400 million aggregate principal amount of 7.250% Senior Notes due 2028 (effective 2023-06-22).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $400 million aggregate principal amount of 7.250% Senior Notes due 2028
  - Effective: 2023-06-22
  source text: On June 22, 2023, Ryman Hospitality Properties, Inc., a Delaware corporation (the “Company”), its subsidiaries RHP Hotel Properties, LP, a Delaware limited partnership (the “Operating Partnership”), and RHP Finance Corporation (together with the Operating Partnership, the “Issuers”), and certain of the Company’s other subsidiaries named as guarantors (each such subsidiary and the Company individually, a “Guarantor” and, collectively the “Guarantors”) entered into an indenture (the “Indenture”) with U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), pursuant to which the Issuers issued $400 million aggregate principal amount of 7.250% Senior Notes due 2028 (the “Notes”), which are guaranteed by the Guarantors (the “Guarantees”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040829/000114036123030947/0001140361-23-030947-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.