secwatch.observer — SEC 8-K summary
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Issuer:     VICI PROPERTIES INC. (VICI)
CIK:        0001705696
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001705696-22-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VICI Properties enters into $3.5B credit facilities; terminates existing $1.0B revolver
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- New $2.5B unsecured revolver maturing Mar 2026 plus $1.0B delayed draw term loan maturing Mar 2025.
- Each facility has two extension options; revolver can be increased by $1.0B, term loan by $1.0B.
- Interest: revolver at SOFR+0.775%-1.325% or base+0%-0.325% based on credit ratings; term loan similarly priced.
- Proceeds for general corporate purposes including pending MGP Growth Properties and Venetian Resort acquisitions.
- Existing $1.0B secured revolver terminated; all liens released.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705696/000170569622000019/0001705696-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705696/000170569622000019/vici-20220208.htm
  HTML page:      https://secwatch.observer/filing/0001705696-22-000019

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