The Online Investor

Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Sat., Jul. 2, 1:45 PM

Slide #2. Gaming and Leisure Properties, Inc. Secondary Offering

Company: Gaming and Leisure Properties, Inc. (NASDAQ:GLPI)
Date announced: 6/28/2022
Shares Offered: 6,900,000
Date of Pricing: 6/28/2022
Price Per Share: $44.64
Secondary Offering Details: Gaming and Leisure Properties, Inc. (the "Company" or "GLPI") (NASDAQ: GLPI) today announced that it has commenced an underwritten public offering to sell 6,900,000 shares of common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,035,000 shares of common stock. -updated 6/28- Gaming and Leisure Properties, Inc. (the "Company" or "GLPI") (NASDAQ: GLPI) today announced that its previously announced underwritten public offering to sell 6,900,000 shares of common stock has been priced for total gross proceeds (before underwriter's discounts and commissions and offering expenses) of approximately $308.8 million. The underwriters will sell the shares to purchasers directly or through agents, through brokers in brokerage transactions on Nasdaq, to dealers in negotiated transactions or in a combination of such methods of sale, at a fixed price or prices, which may be changed, or at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,035,000 shares of common stock. The offering is expected to close on July 1, 2022, subject to customary closing conditions.

Gaming & Leisure Properties is a self-administered and self-managed Pennsylvania real estate investment trust. Co.'s primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. Co. has two reportable segments: GLP Capital, L.P. (GLP Capital), which is a wholly-owned subsidiary of Co.; and the Taxable Real Estate Investment Trust Subsidiary Segment (TRS Segment). The GLP Capital reportable segment consists of the leased real property and represents the majority of Co.'s business. The TRS Segment consists of Hollywood Casino Perryville, Hollywood Casino Baton Rouge and Tropicana Las Vegas.

GLPI SEC Filing Email Alerts Service

Open the GLPI Page at The Online Investor »

Company Name: 
Gaming & Leisure Properties, Inc
Website: 
www.glpropinc.com
Sector: 
REITs
Number of ETFs Holding GLPI: 
50
Total Market Value Held by ETFs: 
$1.66B
Total Market Capitalization: 
$11.42B
% of Market Cap. Held by ETFs: 
14.53%
 

Open the GLPI Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree GLPI Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (3.42 out of 4)
42nd percentile
(ranked lower than approx. 58% of all stocks covered)

Analysts' Target Price:
GLPI Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Secondary Stock Offerings Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.