Gaming and Leisure Properties $1 billion at-the-market offering
The shares are listed on Nasdaq
Davis Polk advised the forward purchaser and the forward seller in connection with an at-the-market forward underwriting program for the offer and sale of shares of common stock of Gaming and Leisure Properties, Inc. from time to time having an aggregate offering price of up to $1 billion. The company’s shares are listed on Nasdaq under the ticker symbol “GLPI.”
Gaming and Leisure Properties’ primary business consists of acquiring, financing and owning real estate property to be leased to gaming operators in triple-net lease arrangements.
The Davis Polk equity derivatives team included partner Mark M. Mendez and associate Stockton Bullitt. All members of the Davis Polk team are based in the New York office.