Eastern Band of Cherokee Indians

VICI Properties Stockholders Approve Issuance of Common Stock for Acquisition of MGM Growth Properties LLC

Retrieved on:

Friday, October 29, 2021

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that VICI Properties stockholders approved the proposal to issue VICI common stock in connection with the closing of the previously announced strategic acquisition of MGM Growth Properties LLC (NYSE: MGP) (MGP).

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that VICI Properties stockholders approved the proposal to issue VICI common stock in connection with the closing of the previously announced strategic acquisition of MGM Growth Properties LLC (NYSE: MGP) (MGP).
At the VICI Properties Special Meeting of Stockholders held today, more than 99.9% of the votes cast were voted in favor of the issuance of new shares of VICI common stock to MGP Class A stockholders as consideration in the merger, which votes represented approximately 90% of the outstanding shares of VICI common stock.
Under the terms of the Master Transaction Agreement, MGP Class A shareholders will receive 1.366 shares of newly issued VICI common stock in exchange for each Class A share of MGP.
VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

Vision Maker Media Celebrates 2021 Indigenous Peoples' Day With Week-long Online Film Program Featuring Two Films about Pulitzer Prize-Winning Writer N. Scott Momaday

Retrieved on:

Tuesday, October 5, 2021

LINCOLN, Neb., Oct. 5, 2021 /PRNewswire/ --To recognize and celebrate Indigenous Peoples' Day on October 11, Vision Maker Media (VMM) is holding a free week-long online film program on October 6-13.

Key Points:

LINCOLN, Neb., Oct. 5, 2021 /PRNewswire/ --To recognize and celebrate Indigenous Peoples' Day on October 11, Vision Maker Media (VMM) is holding a free week-long online film program on October 6-13.
"Indigenous Peoples' Day is a declaration of the rights of Indigenous peoples and, thus, serves as and celebrates an International day of solidarity for Indigenous peoples of the Americas," says Vision Maker Media Executive Director Francene Blythe-Lewis (Eastern Cherokee, Sisseton-Wahpeton Dakota and Din).
Both films tell the compelling story of N. Scott Momaday, Kiowa essayist, novelist, writer and 1969 Pulitzer Prize winner.
Vision Maker Media (VMM) is the premiere source of public media by and about Native Americans since 1976.

VICI Properties Announces Release Date for Third Quarter 2021 Results

Retrieved on:

Friday, October 1, 2021

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its third quarter 2021 financial results on Wednesday, October 27, 2021 after the close of trading on the New York Stock Exchange.

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company) announced today that it will release its third quarter 2021 financial results on Wednesday, October 27, 2021 after the close of trading on the New York Stock Exchange.
The Company will host a conference call and audio webcast on Thursday, October 28, 2021 at 10:00 a.m. Eastern Time (ET).
ET on October 28, 2021 until midnight ET on November 4, 2021 and can be accessed by dialing 800-585-8367 (domestic) or 416-621-4642 (international) and entering the passcode 7089309.
VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Announces Results of Early Participation in Exchange Offers and Consent Solicitations and Extension of Exchange Offers

Retrieved on:

Monday, September 27, 2021

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 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.

VICI Properties Inc. and ClubCorp Holdings, Inc. Announce Strategic Arrangement to Grow BigShots Golf

Retrieved on:

Wednesday, September 15, 2021

VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI) and ClubCorp Holdings, Inc. (ClubCorp) (an Apollo Global Management fund portfolio company) announced today that they have entered into a strategic arrangement to grow BigShots Orion, LLC (BigShots Golf), whereby VICI Properties may provide up to $80.0 million of mortgage financing for the construction of up to five new BigShots Golf facilities throughout the United States, subject to definitive documentation.

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or VICI) and ClubCorp Holdings, Inc. (ClubCorp) (an Apollo Global Management fund portfolio company) announced today that they have entered into a strategic arrangement to grow BigShots Orion, LLC (BigShots Golf), whereby VICI Properties may provide up to $80.0 million of mortgage financing for the construction of up to five new BigShots Golf facilities throughout the United States, subject to definitive documentation.
John Payne, President and Chief Operating Officer of VICI Properties, said, We are excited to partner with ClubCorp, the leading operator of private golf and country clubs in the United States, to help grow their BigShots Golf business.
We are ecstatic to partner with VICI and expand the BigShots Golf brand to new markets across the country said ClubCorp CEO David Pillsbury.
The golf entertainment industry continues to rapidly grow in popularity as people discover the magic of golf in a fun, non-intimidating environment.

VICI Properties Inc. Repays Secured Term Loan B Facility

Retrieved on:

Wednesday, September 15, 2021

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the Company used net proceeds from the issuance of 65,000,000 shares of the Companys common stock completed on September 14, 2021 and proceeds from settlement of the forward sale agreement entered into in June of 2020 (representing 26,900,000 shares of the Companys common stock) to repay in full approximately $2,102.5 million of existing indebtedness, including accrued interest, under the seven-year senior secured first lien term loan B facility (the Term Loan B Facility) originally entered into in December 2017.

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the Company used net proceeds from the issuance of 65,000,000 shares of the Companys common stock completed on September 14, 2021 and proceeds from settlement of the forward sale agreement entered into in June of 2020 (representing 26,900,000 shares of the Companys common stock) to repay in full approximately $2,102.5 million of existing indebtedness, including accrued interest, under the seven-year senior secured first lien term loan B facility (the Term Loan B Facility) originally entered into in December 2017.
In connection with the payoff of the Term Loan B Facility, the related interest rate swap agreements were also terminated and the Company incurred breakage costs of approximately $66.9 million.
The Companys five-year first lien revolving credit facility originally entered into in December 2017 remains in place and undrawn, following the repayment of the Term Loan B Facility.
The repayment of the Term Loan B Facility retires all of the secured debt on VICI Properties balance sheet, said David Kieske, Chief Financial Officer of VICI Properties.

VICI Properties Inc. Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Retrieved on:

Tuesday, September 14, 2021

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the closing of an underwritten public offering of 115,000,000 shares of its common stock (including 15,000,000 shares sold pursuant to the exercise in full of the underwriters option to purchase additional common stock) at a public offering price of $29.50 per share.

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the closing of an underwritten public offering of 115,000,000 shares of its common stock (including 15,000,000 shares sold pursuant to the exercise in full of the underwriters option to purchase additional common stock) at a public offering price of $29.50 per share.
The Company issued and sold 65,000,000 shares (including 15,000,000 shares sold pursuant to the exercise in full of the underwriters option to purchase additional common stock) directly to the underwriters at closing and the underwriters purchased 50,000,000 shares related to the forward sale agreements described below.
Morgan Stanley, Citigroup, J.P. Morgan and Goldman Sachs & Co. LLC acted as joint book-running managers and as representatives of the underwriters in the offering.
BofA Securities, Deutsche Bank Securities, Barclays and Wells Fargo Securities acted as bookrunners in the offering.

VICI Properties Inc. Announces Commencement of Exchange Offers and Consent Solicitations

Retrieved on:

Monday, September 13, 2021

Professional Services, Entertainment, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Casino, Gaming, Trigger, Date, IR, Las Vegas Strip, Caesars Entertainment, Constitutional amendment, Caesars Palace, Convention to propose amendments to the United States Constitution, Consent, Exchange offer, Time, Solicitation, Forward-looking statement, Investor, Health, XV, Annual report, Expiration date, Penn National Gaming, COVID-19, Sale, Vici Properties, Jack Entertainment, Chelsea Piers, Form, Eastern Band of Cherokee Indians, Prospectus, Failure, MGM Growth Properties, Proxy, Securities Act of 1933, Regulation, THE, In re Caremark International Inc. Derivative Litigation, Pandemic, Safety, Restaurant, Mergers and acquisitions, Indenture, Person, SEC, Epidemic, Certification, Golf, Note, SEC Rule 144A, Company, Settlement date, Risk, Industry, Expiration, Cherokee, Telephone, MGP, Life insurance, Security (finance), Risk management

Any waiver of a condition by the VICI Issuers with respect to an Exchange Offer will automatically waive such condition with respect to the corresponding Consent Solicitation, as applicable.

Key Points:

Any waiver of a condition by the VICI Issuers with respect to an Exchange Offer will automatically waive such condition with respect to the corresponding Consent Solicitation, as applicable.
Any amendment of the terms of an Exchange Offer by the VICI Issuers will automatically amend such terms with respect to the corresponding Consent Solicitation unless expressly stated otherwise.
No accrued and unpaid interest is payable upon acceptance of any MGP Notes in the Exchange Offers and Consent Solicitations.
The complete terms and conditions of the Exchange Offers and Consent Solicitations are described in the offering memorandum, copies of which may be obtained by contacting D.F.

VICI Properties Inc. Announces Pricing of Public Offering of Common Stock

Retrieved on:

Friday, September 10, 2021

Professional Services, Entertainment, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Casino, Gaming

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the pricing of an underwritten public offering of 100,000,000 shares of its common stock at a public offering price of $29.50 per share.

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced the pricing of an underwritten public offering of 100,000,000 shares of its common stock at a public offering price of $29.50 per share.
Morgan Stanley, Citigroup, J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint book-running managers and as representatives of the underwriters in the offering.
BofA Securities, Deutsche Bank Securities, Barclays and Wells Fargo Securities are acting as bookrunners in the offering.
VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.

VICI Properties Inc. Announces Public Offering of Common Stock

Retrieved on:

Wednesday, September 8, 2021

REIT, Casino, Gaming, Commercial Building & Real Estate, Entertainment, Construction & Property

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced it has commenced an underwritten public offering of 100,000,000 shares of its common stock.

Key Points:

VICI Properties Inc. (NYSE: VICI) (VICI Properties or the Company), an experiential asset real estate investment trust, today announced it has commenced an underwritten public offering of 100,000,000 shares of its common stock.
The underwriters of the offering also expect to be granted a 30-day option to purchase up to 15,000,000 additional shares of the Companys common stock.
Morgan Stanley, Citigroup, J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering.
VICI Properties strategy is to create the nations highest quality and most productive experiential real estate portfolio.