Deal snapshot: VICI Properties to Provide USD 400m Mortgage Loan to Caesars/Eldorado and Acquire 23 Acres of Las Vegas Land Adjacent to the Strip.
MANews-(C)2009-2020
US-based real estate investment trust VICI Properties Inc. (NYSE: VICI) has agreed to provide a USD 400m mortgage loan secured by the Caesars Forum Convention Center in Las Vegas, the company said.
The loan will bear interest at a rate of 7.7%, with payments subject to 2% annual...
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