Gaming & Leisure Properties Inc.
|Deal Type||Equity Capital Markets|
|Client & Transactional Partners||Gaming & Leisure Properties Inc.||Our Role||Co-Manager|
Gaming and Leisure Properties, Inc. (“GLP”) is a self-administered and self-managed Pennsylvania real estate investment trust (“REIT”) that was incorporated on February 13, 2013. GLP’s primary business consists of acquiring, financing, and owning real property to be leased to gaming operators in “triple net” lease arrangements. GLP’s portfolio currently consists of 44 gaming and related facilities, which are geographically diversified across 16 states.
On October 29th, 2020, GLP priced 290 Million for its Follow-on Offering. The proceeds will be used to partially finance the Twin River/Caesars Acquisitions and for working capital and general corporate purposes. KeyBanc Capital Markets ("KBCM") acted as Co-Manager on the transaction.