Additionally, we continued to expand our growth funnel by entering into a transaction with Cabot, a leading developer, owner and operator of world-class destination golf resorts and communities, to fund the development of the Cabot Citrus Farms property located in the Tampa Bay area. Our improved access to capital enables us to opportunistically pursue transactions as we continue our growth journey. In June, we were added to the S&P 500 index, becoming the fastest REIT to get from IPO to S&P 500 inclusion. At the end of April, we closed our strategic acquisition of MGM Growth Properties, making VICI one of the most compelling portfolios of Class A real estate among American REITs. In April, we received investment grade ratings from S&P and Fitch, enabling us to complete the largest investment grade bond offering in REIT history. Subsequent to quarter end, announced expansion of partnership with Great Wolf ResortsĮdward Pitoniak, Chief Executive Officer of VICI Properties, said, “The second quarter of 2022 marked another transformational quarter at VICI.Entered into an agreement with Cherokee Nation, which will become the new tenant of Gold Strike in Biloxi, MS.Entered into a delayed draw term loan facility and purchase and sale agreement with Cabot.Issued $5.0 billion of investment grade senior notes.Completed the strategic acquisition of MGM Growth Properties LLC.AFFO per share increased 3.7% year-over-year to $0.48.AFFO attributable to common stockholders increased 67.9% year-over-year to $430.1 million.
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Reaffirms Guidance for Full Year 2022.
Completed Inaugural $5.0 Billion Investment Grade Senior Notes Offering. Completed the Strategic Acquisition of MGM Growth Properties LLC.