other material
confidence high
sentiment neutral
materiality 0.50
VICI extends exchange offer expiration to April 14; 92.6%-97.9% of MGP notes tendered
VICI PROPERTIES INC.
- Expiration date for exchange offers of up to $4.20B of VICI notes for MGP notes extended to April 14, 2022.
- As of March 30, between 92.65% and 97.88% of each MGP note series had been validly tendered.
- Exchange offers and consent solicitations are contingent on closing of MGP merger, expected in H1 2022.
- Requisite consents were received on Sept 24, 2021; supplemental indentures executed but operative only at settlement.