Ryman Hospitality plans USD 700 million senior notes offering due 2035
Reuters2026/08/11 11:32- Ryman Hospitality Properties launched a private placement of USD 700 million senior notes due 2035.
- Net proceeds earmarked to fund part of the USD 1.38 billion Grande Lakes acquisition in Orlando, Florida.
- Remaining purchase price to be covered by a USD 596.7 million common stock offering, priced at USD 117 per share, plus cash on hand.
- Notes to be redeemed at 100% of issue price if the acquisition fails to close, under a special mandatory redemption.
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