---
schema_version: "secwatch.filing_event.v1"
accession: "0001575965-22-000014"
form_type: "8-K"
ticker: "GLPI"
cik: "0001575965"
company_name: "Gaming & Leisure Properties, Inc."
filed_at: "2022-05-18T23:59:59+00:00"
generated_at: "2026-06-25T09:57:33.444685+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GLPI's operating partnership enters $1.75B revolving credit facility, replacing prior agreement

## Summary
- New $1.75B revolving credit facility with four-year maturity, two six-month extension options.
- Interest rate: SOFR-based plus margin of 1.05% currently; base rate plus 0.05% currently.
- Commitment fee on unused portion: 0.25% per annum currently.
- Facility includes customary covenants (leverage ratios, REIT maintenance, dividend restrictions).
- Prior $1.75B credit agreement from 2013 terminated concurrently.

## SEC filing metadata
- accession: 0001575965-22-000014
- form_type: 8-K
- ticker: GLPI
- cik: 0001575965
- company_name: Gaming & Leisure Properties, Inc.
- filed_at: 2022-05-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575965/000157596522000014/0001575965-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575965/000157596522000014/glpi-20220513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575965-22-000014
- JSON: https://secwatch.observer/filing/0001575965-22-000014.json
- Plain text: https://secwatch.observer/filing/0001575965-22-000014.txt

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