Paul Hastings Advised Underwriters on Gaming and Leisure Properties’ $400 Million 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 $400 million aggregate principal amount of 6.750% Senior Notes Due 2033, 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 acquisition, development and improvement of properties, the repayment of indebtedness, capital expenditures, and other general business purposes.

Global Finance partner Marc Lashbrook led the Paul Hastings team, which also included associates Matt Schoenfeld and Celia Scherman, and Tax partner David Makso and associate Rob Wilson.

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 intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.