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Share sale for Vici Properties Incorporated


March 5, 2021
American real estate investment trust Vici Properties Incorporated has announced that it is hoping to raise up to $2 billion in cash via the launch of a public offering involving 60 million common shares individually priced at $29.
Spun off from Caesars Entertainment Corporation in 2017, the New York-listed enterprise used an official Wednesday press release to detail that this exercise will see financial services firms Citigroup Incorporated, Morgan Stanley, Deutsche Bank Securities Incorporated and BofA Securities Incorporated serve as agents for the new shares. It explained that these enterprises are to subsequently be put in charge of selling the interests to institutional investors while simultaneously being given a 30-day option on a further nine million identically-priced stakes. ....

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American exit for Las Vegas Sands Corporation


March 3, 2021
American casino operator Las Vegas Sands Corporation has announced the signing of deals that are to see it offload its remaining trio of domestic properties for an aggregate consideration worth roughly $6.25 billion.
The Las Vegas-headquartered firm used an official press release to detail that the arrangements will involve The Venetian Resort Hotel Casino and its 3,000-room The Palazzo hotel as well as the nearby Sands Expo and Convention Center being sold to affiliates of global alternative investments firm Apollo Global Management Incorporated and the Vici Properties Incorporated real estate investment trust spun off by Caesars Entertainment Incorporated in 2017.
Pricey particulars: ....

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