Edition:
United States

MGM Growth Properties LLC (MGP.N)

MGP.N on New York Stock Exchange

29.32USD
17 Nov 2017
Change (% chg)

$0.17 (+0.58%)
Prev Close
$29.15
Open
$29.21
Day's High
$29.37
Day's Low
$29.17
Volume
297,592
Avg. Vol
137,113
52-wk High
$31.81
52-wk Low
$23.65

Latest Key Developments (Source: Significant Developments)

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

MGM Growth Properties Operating Partnership LP announces pricing of $350 million senior notes offering
Thursday, 7 Sep 2017 04:27pm EDT 

Sept 7 (Reuters) - MGM Growth Properties LLC :MGM Growth Properties Operating Partnership LP announces pricing of $350 million senior notes offering.MGM Growth Properties LLC - units ‍have priced $350 million in aggregate principal amount of 4.500% senior notes due 2028​.MGM Growth Properties LLC - ‍priced $350 million in aggregate principal amount of 4.500% senior notes due 2028 in a private placement at par​.  Full Article

MGM Growth Properties announces proposed private offering
Thursday, 7 Sep 2017 08:06am EDT 

Sept 7 (Reuters) - MGM Growth Properties Llc :MGM Growth Properties Operating Partnership LP announces proposed private offering.MGM Growth Properties LLC - co, units announced that issuers propose to offer $350 million in aggregate principal amount of senior notes due 2027​.MGM Growth Properties- net proceeds of offering to pay MGM Resorts International portion of $1,187.5 million purchase price for long-term leasehold interest.  Full Article

MGM Resorts and MGM Growth Properties announce transaction on MGM National Harbor casino resort
Tuesday, 5 Sep 2017 04:06pm EDT 

Sept 6 (Reuters) - MGM Growth Properties LLC :MGM Resorts International and MGM Growth Properties LLC announce transaction on MGM National Harbor casino resort.MGM Growth Properties - ‍subsidiary of MGP will purchase long-term leasehold interest, real property improvements associated with MGM National Harbor casino resort​.MGM Growth Properties LLC - ‍MGM Resorts will lease property from MGP and continue to operate property following consummation of transaction​.MGM Growth Properties LLC - ‍MGP will pay total consideration of approximately $1.1875 billion​.MGM Growth Properties LLC - ‍as a result of transaction, expect to achieve mid-single digit percentage accretion to affo per share​.MGM Growth Properties LLC - ‍consistent with master lease terms, 90 percent of rent will be fixed and contractually grow at 2 percent per year until 2022​.MGM Growth Properties - ‍MGM National Harbor will be added to existing master lease between MGM Resorts and MGP, rent payment to MGP to increase by $95 million.​.  Full Article

MGM Growth Properties files for potential mixed shelf offering
Thursday, 18 May 2017 05:13pm EDT 

May 18 (Reuters) - MGM Growth Properties Llc :MGM Growth Properties Llc files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

MGM Growth Properties unit enters into second amendment to credit agreement
Monday, 1 May 2017 05:21pm EDT 

May 1 (Reuters) - MGM Growth Properties Llc ::MGM Growth Properties Llc - unit entered into a second amendment to credit agreement, dated as of April 25, 2016- SEC filing.MGM Growth Properties - amendment reduced interest rate applicable to co's unit's $1.832 billion term B facility to 1.25% per annum for base rate loans.MGM Growth Properties-amendment also reduced interest rate applicable to co's unit's $1.832 billion term B facility to 2.25% per annum for eurodollar rate loans.  Full Article

MGM Growth Properties Q1 funds from operations $115.2 mln
Thursday, 27 Apr 2017 08:40am EDT 

April 27 (Reuters) - MGM Growth Properties LLC ::MGM Growth Properties LLC reports first quarter financial results.MGM Growth Properties LLC qtrly funds from operations was $115.2 million, or $0.47 per diluted operating partnership unit.MGM Growth Properties LLC - qtrly adjusted funds from operations $0.49 per diluted operating partnership unit.Q1 FFO per share view $0.48 -- Thomson Reuters I/B/E/S.  Full Article

MGM Growth Properties Llc Q4 FFO per share $0.47
Thursday, 16 Feb 2017 07:42am EST 

MGM Growth Properties Llc : MGM Growth Properties Llc reports fourth quarter and full year financial results . Q4 adjusted FFO per share $0.49 . Q4 FFO per share $0.47 . Q4 FFO per share view $0.49 -- Thomson Reuters I/B/E/S . MGM Growth Properties -on Dec 6, 2016, operating partnership entered interest rate swap agreements that mature in nov 2021 total $500 million notional amount . MGM Growth Properties Llc - on january 26, 2017, operating partnership entered into additional interest rate swap agreements .MGM Growth Properties -additional interest rate swap agreements mature in Nov 2021 with a total $700 million notional amount to pay a fixed rate of 1.964%.  Full Article

MGM Growth Properties LLC announces pricing of $500 mln senior unsecured notes offering by MGM Growth Properties Operating Partnership LP
Tuesday, 9 Aug 2016 04:05pm EDT 

Mgm Growth Properties LLC : Mgm Growth Properties LLC announces pricing of $500 million senior unsecured notes offering by Mgm Growth Properties Operating Partnership LP .Have priced $500 million in principal amount of 4.5% senior unsecured notes due 2026 in a private placement at par.  Full Article

MGM Growth Properties announces proposed private offering by MGM Growth Properties Operating Partnership
Tuesday, 9 Aug 2016 08:48am EDT 

MGM Growth Properties LLC : MGM Growth Properties LLC announces proposed private offering by MGM Growth Properties Operating Partnership LP . Plan to use net proceeds to refinance amounts outstanding under issuer's revolving credit facility .Consolidated units propose to offer $400 million in aggregate principal amount of senior notes due 2026 in a private placement.  Full Article

BRIEF-MGM Growth Properties Q3 FFO per share $0.46

* MGM Growth Properties LLC reports third quarter financial results