VICI extends exchange offers for MGP notes to April 28; tenders exceed 94% across all series

VICI PROPERTIES INC.

Exchange offers for any/all MGP notes extended to 5:00 p.m. ET on April 28, 2022.
Up to $4.2B aggregate principal of new VICI notes offered in exchange for MGP notes.
As of April 13, tenders ranged from 94.99% to 99.65% across six MGP note series.
Proposed amendments to MGP indentures already executed; operative only on settlement date.
Exchange offers conditioned on closing of VICI-MGP merger, expected first half 2022.

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