VICI Properties Inc. has secured a $9.3 billion financing commitment from Morgan Stanley, J.P. Morgan and Citibank for its $17.2 billion acquisition of MGM Growth Properties. Upon completion of the merger, VICI will have an estimated enterprise value of $45 billion.
VICI Properties is a real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace.
The S&C team advising the lenders was led by Ari Blaut and Joyce Kwok.