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MGM Growth Properties LLC (MGP.N)

MGP.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

MGM Growth Properties Completes Increase And Extension Of Term Loan A
Friday, 15 Jun 2018 08:45am EDT 

June 15 (Reuters) - MGM Growth Properties LLC ::MGM GROWTH PROPERTIES LLC COMPLETES INCREASE AND EXTENSION OF TERM LOAN A AND REVOLVER THROUGH AMENDED CREDIT FACILITIES.MGM GROWTH PROPERTIES - AMENDED OPERATING PARTNERSHIP'S CREDIT AGREEMENT TO PROVIDE FOR EXTENSION OF REVOLVING FACILITY TO $1,350 MILLION DUE 2023.MGM GROWTH PROPERTIES - AMENDMENT EXTENDS MATURITY DATE OF EXISTING $270 MILLION TERM LOAN A FACILITY TO 2023.MGM GROWTH PROPERTIES - AMENDMENT ALSO PROVIDE FOR A NEW $200 MILLION DELAYED DRAW TERM LOAN A DUE 2023.  Full Article

MGM Growth Properties Says On March 23, Co's Unit Entered Into Third Amendment To Credit Agreement, Dated As Of April 25, 2016
Monday, 26 Mar 2018 05:12pm EDT 

March 26 (Reuters) - MGM Growth Properties LLC ::MGM GROWTH PROPERTIES SAYS ON MARCH 23, CO'S UNIT ENTERED INTO THIRD AMENDMENT TO CREDIT AGREEMENT, DATED AS OF APRIL 25, 2016 - SEC FILING​.MGM GROWTH - ‍AMENDMENT REDUCED INTEREST RATE OF TERM B FACILITY TO 1% PER ANNUM FOR BASE RATE LOANS, 2% PER ANNUM FOR EURODOLLAR RATE LOANS​.MGM GROWTH - ‍AMENDMENT TO CREDIT AGREEMENT PROVIDES FOR EXTENSION OF TERM B FACILITY TO MARCH 23, 2025​.  Full Article

Vici Properties Rejects Proposal From MGM Growth Properties LLC
Wednesday, 17 Jan 2018 08:00am EST 

Jan 17 (Reuters) - Vici Properties Inc ::VICI PROPERTIES INC. REJECTS UNSOLICITED PROPOSAL FROM MGM GROWTH PROPERTIES LLC.VICI PROPERTIES INC - "‍BELIEVES MGP PROPOSAL NOT IN BEST INTERESTS OF VICI AND ITS STOCKHOLDERS"​.  Full Article

MGM Growth Properties LLC Announces Proposal To Combine With VICI Properties
Tuesday, 16 Jan 2018 09:00am EST 

Jan 16 (Reuters) - MGM Growth Properties Llc ::PRESS RELEASE - MGM GROWTH PROPERTIES LLC ANNOUNCES PROPOSAL TO COMBINE WITH VICI PROPERTIES INC..MGM GROWTH PROPERTIES LLC - CONSIDERATION WOULD BE IN FORM OF MGP SHARES, WITH EXCHANGE RATIO FIXED AT SIGNING OF A DEFINITIVE AGREEMENT.MGM GROWTH PROPERTIES - PROPOSING TO BUY 100% OF VICI'S OUTSTANDING COMMON STOCK FOR $19.50 PER SHARE.MGM GROWTH PROPERTIES LLC - UPON COMPLETION OF DEAL, VICI SHAREHOLDERS WOULD OWN ABOUT 43% OF COMBINED CO.MGM GROWTH PROPERTIES LLC - ITS OFFER IS NOT CONTINGENT ON ANY FINANCING CONDITION.MGM GROWTH PROPERTIES LLC - BELIEVES THAT A COMBINATION WITH VICI WOULD BE ACCRETIVE TO AFFO.  Full Article

MGM Growth Properties Operating Partnership LP Announces Launch Of Exchange Offer
Friday, 5 Jan 2018 04:30pm EST 

Jan 5 (Reuters) - MGM Growth Properties Llc ::MGM GROWTH PROPERTIES OPERATING PARTNERSHIP LP ANNOUNCES LAUNCH OF EXCHANGE OFFER FOR ITS 4.500% SENIOR NOTES DUE 2028.MGM GROWTH - UNITS ‍COMMENCED OFFER TO EXCHANGE ANY, ALL THEIR OUTSTANDING $350 MILLION 4.500% SENIOR NOTES DUE 2028 FOR NEW 4.500% SENIOR NOTES DUE 2028​.  Full Article

MGM Growth Properties Announces Increased Quarterly Dividend
Friday, 15 Dec 2017 08:45am EST 

Dec 15 (Reuters) - Mgm Growth Properties Llc ::MGM GROWTH PROPERTIES LLC ANNOUNCES INCREASED QUARTERLY DIVIDEND.MGM GROWTH PROPERTIES LLC - MGM GROWTH PROPERTIES OPERATING PARTNERSHIP LP DECLARED DISTRIBUTION OF $0.42/UNIT FOR Q4.MGM GROWTH PROPERTIES LLC - CO'S BOARD DECLARED A QUARTERLY CASH DIVIDEND OF $0.42 PER CLASS A COMMON SHARE FOR Q4.  Full Article

MGM Growth Properties Q3 FFO per share $0.46
Wednesday, 8 Nov 2017 07:45am EST 

Nov 8 (Reuters) - MGM Growth Properties LLC :MGM Growth Properties LLC reports third quarter financial results.Q3 adjusted FFO per share $0.49.Q3 FFO per share $0.46.  Full Article