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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Goldman Sachs Bank Agents Revolver Upsize, Amendment for VICI Properties
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Lenders/Participants
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Goldman Sachs Bank USA [Administrative Agent]
Goldman Sachs [Joint Lead Arranger, Co-Syndication Agent]
Deutsche Bank AG New York Branch [Joint Lead Arranger, Co-Syndication Agent]
JPMorgan Chase Bank [Joint Lead Arranger, Co-Syndication Agent]
Morgan Stanley Senior Funding [Joint Bookrunner, Co-Syndication Agent]
Citizens Bank [Joint Lead Arranger, Co-Syndication Agent]
Citibank [Joint Lead Arranger, Co-Syndication Agent]
Barclays [Documentation Agent]
UBS AG [Documentation Agent]
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Structure
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Revolver Upsize, Amendment
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Amount
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$1.000
Billion
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Borrower(s)
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VICI Properties Inc.
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Description
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Company announced it has amended its revolving credit facility to, among other things, increase borrowing capacity by $600 million to a total of $1.0 billion and extend the maturity date to May 2024. Borrowings under the Revolving Credit Facility will bear interest at a rate based on a leverage-based pricing grid with a range of 175 to 200 basis points over LIBOR . This Revolving Credit Facility replaces the Company’s previous revolving credit facility, which had a total borrowing capacity of $400 million, a maturity date in December 2022, and under which borrowings bore interest at 200 basis points over LIBOR. The Company currently has no outstanding balance on the Revolving Credit Facility.
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Industry
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Real Estate
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Location
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NY
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| Related Tags |
Barclays Bank PLC, Citibank N.A, Citizens Bank, Credit Suisse Cayman Islands, Deutsche Bank AG New York Branch, Goldman Sachs, Goldman Sachs Bank, JPMorgan Chase Bank, Morgan Stanley Senior Funding, Stifel Bank, UBS AG
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ABL Advisor
Deal Tables
2024
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