Paul Hastings Advised Wells Fargo, Citizens JMP Securities, Fifth Third Securities and Truist Securities on Gaming and Leisure Properties’ $1.2 Billion Notes Offering

Paul Hastings LLP advised the underwriters led by Wells Fargo Securities, LLC, Citizens JMP Securities, LLC, Fifth Third Securities, Inc., and Truist Securities, Inc. in connection with Gaming and Leisure Properties, Inc.’s (Nasdaq: GLPI) pricing of a public offering of $800 million aggregate principal amount of 5.625% Senior Notes Due 2034 and $400 million aggregate principal amount of 6.250% Senior Notes Due 2054, to be issued by its operating partnership, GLP Capital, L.P. and GLP Financing II, Inc. The issuers intend to use the net proceeds from the offering for working capital and general corporate purposes, which may include the funding of announced transactions, development and improvement of properties, repayment of indebtedness, capital expenditures and other general business purposes.

Global Finance partner Marc Lashbrook led the Paul Hastings team, which also included Of Counsel Rob Wilson, and associates Matt Schoenfeld, Celia Scherman and Monica Han.

More details can be found here.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing superior intellectual capital and execution globally to the world’s leading investment banks, asset managers, and corporations.