Brief: Gaming And Leisure Properties Enters Into Sale Leaseback And Development Funding Transactions With Bally’s Corporation Totaling $1.585 Bln At Blended 8.3% Initial Cash Yield

Gaming and Leisure Properties

12/07/2024 12:31

July 12 (Reuters) - Bally's Corp  BALY.N :
    * GAMING AND LEISURE PROPERTIES ENTERS INTO SALE LEASEBACK
AND
DEVELOPMENT FUNDING TRANSACTIONS WITH BALLY’S CORPORATION
TOTALING $1.585 BILLION AT BLENDED 8.3% INITIAL CASH YIELD
    * GAMING AND LEISURE PROPERTIES: TO ADJUST EXISTING
CONTINGENT
PURCHASE OPTION FOR BALLY'S LINCOLN TO PRICE OF $735 MILLION

Source text for Eikon:  ID:nGNXGkrlM 
Further company coverage:  BALY.N 

 ((Reuters.Briefs@thomsonreuters.com;))