Cherokee

VICI Properties Announces Pricing of Public Offering of $5.0 Billion of Senior Unsecured Notes

Retrieved on: 
Wednesday, April 20, 2022

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its wholly owned subsidiary, VICI Properties L.P. (the Issuer), has priced a public offering of $5.0 billion in aggregate principal amount of senior unsecured notes (the Notes) consisting of:

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its wholly owned subsidiary, VICI Properties L.P. (the Issuer), has priced a public offering of $5.0 billion in aggregate principal amount of senior unsecured notes (the Notes) consisting of:
    $500.0 million aggregate principal amount of 4.375% senior unsecured notes due 2025 (the 2025 Notes).
  • $1.25 billion aggregate principal amount of 4.750% senior unsecured long notes due 2028 (the 2028 Notes).
  • $1.0 billion aggregate principal amount of 4.950% senior unsecured long notes due 2030 (the 2030 Notes).
  • $1.5 billion aggregate principal amount of 5.125% senior unsecured notes due 2032 (the 2032 Notes).

VICI Properties Inc. Announces Extension of Exchange Offers

Retrieved on: 
Thursday, April 14, 2022

The complete terms and conditions of the Exchange Offers and the Consent Solicitations are described in the Offering Memorandum, copies of which may be obtained by contacting D.F.

Key Points: 
  • The complete terms and conditions of the Exchange Offers and the Consent Solicitations are described in the Offering Memorandum, copies of which may be obtained by contacting D.F.
  • King & Co., Inc., the exchange agent and information agent in connection with the Exchange Offers and the Consent Solicitations, by telephone at (800) 820-2415 (U.S. toll-free) or (212) 269-5550 (banks and brokers), or by email at [email protected] .
  • The Exchange Offers and the Consent Solicitations are being made solely pursuant to the Offering Memorandum and only to such persons and in such jurisdictions as are permitted under applicable law.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

NASA Selects Canoo for Artemis Crew Transport Vehicles - For First Human Lunar Landing in More Than 50 years

Retrieved on: 
Wednesday, April 13, 2022

"We are honored to transport the Artemis crew to the launch site for thefirst human lunar landing in more than 50 years.

Key Points: 
  • "We are honored to transport the Artemis crew to the launch site for thefirst human lunar landing in more than 50 years.
  • Our customized vehicles are modular and upgradable throughout their lifecycle with a high level of recyclability at end of life.
  • Designing with the human in mind:
    The Crew Transportation Vehicle must carry fully suited astronauts, flight support staff and equipment to the launch site.
  • NASA selected Canoo's zero emission LVs as the Crew Transport Vehicles for the Artemis Program through a competitive process.

VICI Properties Inc. Announces Extension of Exchange Offers

Retrieved on: 
Thursday, March 31, 2022

The complete terms and conditions of the Exchange Offers and the Consent Solicitations are described in the Offering Memorandum, copies of which may be obtained by contacting D.F.

Key Points: 
  • The complete terms and conditions of the Exchange Offers and the Consent Solicitations are described in the Offering Memorandum, copies of which may be obtained by contacting D.F.
  • King & Co., Inc., the exchange agent and information agent in connection with the Exchange Offers and the Consent Solicitations, by telephone at (800) 820-2415 (U.S. toll-free) or (212) 269-5550 (banks and brokers), or by email at [email protected] .
  • The Exchange Offers and the Consent Solicitations are being made solely pursuant to the Offering Memorandum and only to such persons and in such jurisdictions as are permitted under applicable law.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

“Big Fish” Bobby Lane Wins REDCREST 2022 Presented by Costa Sunglasses on Grand Lake

Retrieved on: 
Monday, March 28, 2022

REDCREST 2022 on Grand Lake featured anglers competing with a 2-pound minimum weight requirement for a bass to be deemed scorable.

Key Points: 
  • REDCREST 2022 on Grand Lake featured anglers competing with a 2-pound minimum weight requirement for a bass to be deemed scorable.
  • REDCREST 2022 Presented by Costa at Grand Lake O the Cherokees featured anglers competing with a 2-pound minimum weight requirement for a bass to be deemed scorable.
  • Television coverage of REDCREST 2022 Presented by Costa will be showcased across two two-hour episodes, premiering at 7 a.m.
  • A one-hour special episode of MLF REDCREST 2022 Presented by Costa will premiere at 2 p.m.

VICI Properties Inc. Declares Regular Quarterly Dividend

Retrieved on: 
Thursday, March 10, 2022

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of common stock for the period from January 1, 2022 to March 31, 2022.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share of common stock for the period from January 1, 2022 to March 31, 2022.
  • The dividend will be payable on April 7, 2022 to stockholders of record as of the close of business on March 24, 2022.
  • VICI Properties national, geographically diverse portfolio consists of 28 gaming facilities comprising over 62 million square feet and features approximately 25,000 hotel rooms and more than 250 restaurants, bars, nightclubs and sportsbooks.
  • VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

Distributors Approve Opioid Settlement Agreement

Retrieved on: 
Friday, February 25, 2022

The settlement will provide thousands of communities across the United States with up to approximately $19.5 billion over 18 years.

Key Points: 
  • The settlement will provide thousands of communities across the United States with up to approximately $19.5 billion over 18 years.
  • The three distributors will also implement injunctive relief terms, including establishing a clearinghouse that consolidates data from all three distributors.
  • The final step before the effective date is for the participating states and territories, together with the distributors, to seek court-ordered consent judgments embodying the terms of the settlement.
  • The distributors first annual payment, which is currently in escrow, will be released to the participating states on the effective date or as soon thereafter as all conditions under the settlement have been met.

CANOO INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS

Retrieved on: 
Monday, February 28, 2022

JUSTIN, Texas, Feb. 28, 2022 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the fourth quarter and fiscal year 2021.

Key Points: 
  • JUSTIN, Texas, Feb. 28, 2022 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the fourth quarter and fiscal year 2021.
  • We broke ground in Pryor Oklahoma, and announced our Advanced Manufacturing facility in Bentonville, Arkansas," stated Tony Aquila, Investor, Chairman & CEO at Canoo.
  • Received full repayment of our capital amounting to $30.4M from VDL, and an equity investment of $8.4M
    Cash and cash equivalents of $224.7 million as of December 31, 2021.
  • Net cash used in operating activities totaled $300.8 million for the twelve months ended December 31, 2021, compared to $107.1 million for the twelve months ended December 31, 2020.

Apollo Funds Complete the Acquisition of The Venetian Resort Las Vegas and Venetian Expo Operating Companies

Retrieved on: 
Wednesday, February 23, 2022

NEW YORK, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have completed the acquisition of the operations of The Venetian Resort Las Vegas and the Venetian Expo in Las Vegas (The Venetian) from Las Vegas Sands Corp. (NYSE: LVS) for approximately $2.25 billion.

Key Points: 
  • NEW YORK, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today announced that funds managed by its affiliates (the Apollo Funds) have completed the acquisition of the operations of The Venetian Resort Las Vegas and the Venetian Expo in Las Vegas (The Venetian) from Las Vegas Sands Corp. (NYSE: LVS) for approximately $2.25 billion.
  • The agreement to acquire the iconic Las Vegas property was announced March 2021.
  • Were thrilled to complete the acquisition of The Venetian, a premier Las Vegas resort thats backed by a world-class team, said David Sambur, Apollo Partner and Co-Head of Private Equity.
  • VICI Properties Inc. is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, Harrahs Las Vegas and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

VICI Properties Inc. Completes $4 Billion Acquisition of the Venetian Resort Las Vegas

Retrieved on: 
Wednesday, February 23, 2022

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has completed the previously announced transaction to acquire all of the land and real estate assets associated with the Venetian Resort Las Vegas and the Venetian Expo and Convention Center Las Vegas, located in Las Vegas, Nevada (the Venetian Resort) for $4.0 billion in cash, representing a 6.25% cap rate.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential real estate investment trust, today announced it has completed the previously announced transaction to acquire all of the land and real estate assets associated with the Venetian Resort Las Vegas and the Venetian Expo and Convention Center Las Vegas, located in Las Vegas, Nevada (the Venetian Resort) for $4.0 billion in cash, representing a 6.25% cap rate.
  • Additionally, VICI Properties has the opportunity to fund up to an additional $1.0 billion development at the property through the Companys Partner Property Growth Fund.
  • John Payne, President and Chief Operating Officer of VICI Properties, said, We are thrilled to complete the acquisition of this remarkable world-class asset.
  • VICI Properties Inc. is an experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, Harrahs Las Vegas and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.