VICI Properties Inc. (NYSE:VICI) ("VICI Properties" or the "Company") announced that its wholly owned subsidiaries VICI Properties L.P. (the "Operating Partnership") and VICI Note Co. Inc. (the "Co-Issuer" and, together with the Operating Partnership, the "Issuers") have closed on their offering of $1.25 billion aggregate principal amount of 4.25% senior unsecured notes due 2026 (the "2026 Notes") and $1.0 billion aggregate principal amount of 4.625% senior unsecured notes due 2029 (the "2029 Notes" and, together with the 2026 Notes, the "Notes"). The Issuers used the net proceeds from the offering of Notes to refinance the existing $1.55 billion asset-level real estate mortgage financing secured by the real estate assets associated with Caesars Palace Las Vegas (the CPLV CMBS) and to pay certain fees and expenses and will consummate certain other previously announced transactions with the remaining proceeds.