debt
confidence high
sentiment neutral
materiality 0.55
GLPI issues $1.3B in senior notes to refinance $975M 2026 notes and for general purposes
Gaming & Leisure Properties, Inc.
- $600M 5.250% notes due 2033 and $700M 5.750% notes due 2037 issued; net proceeds ~$1.28B.
- Proceeds to redeem all $975M of 5.375% senior notes due April 2026 at par plus accrued and make-whole premium.
- Remaining proceeds to fund working capital, development projects, and other corporate purposes.
- Closing expected August 27, 2025; Wells Fargo, Citizens JMP, Fifth Third, Truist as representatives.
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