GLP CAPITAL L.P. GLP FINANCING II, INC. $500,000,000 5.250% Senior Notes due 2025 $500,000,000 5.750% Senior Notes due 2028 Underwriting AgreementGaming & Leisure Properties, Inc. • May 9th, 2018 • Real estate investment trusts • New York
GLP Capital, L.P., a Pennsylvania limited partnership (the “Operating Partnership”), and GLP Financing II, Inc., a Delaware corporation and a direct wholly owned subsidiary of the Operating Partnership (“Capital Corp.” and together with the Operating Partnership, the “Companies”), propose to issue and sell to the several underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom Wells Fargo Securities, LLC is acting as representative (the “Representative”), $500,000,000 principal amount of their 5.250% Senior Notes due 2025 (the “2025 Notes”) and $500,000,000 principal amount of their 5.750% Senior Notes due 2028 (the “2028 Notes” and, together with the 2025 Notes, the “Notes”). The Notes will be guaranteed (the “Guarantee” and, together with the Notes, the “Securities”) by Gaming and Leisure Properties, Inc., a Pennsylvania corporation and the sole general partner of the Operating Partnership (the “Guarantor”), on a senior unsecured basis, and will be issued pursuant to a
May 8, 2018 GLP Capital, L.P. Gaming and Leisure Properties, Inc. Wyomissing, Pennsylvania 19610Gaming & Leisure Properties, Inc. • May 9th, 2018 • Real estate investment trusts
Re: GLP Capital, L.P., a Pennsylvania limited partnership (the “Partnership”) - Issuance and sale of $500,000,000 aggregate principal amount of 5.250% Senior Notes due 2025 (the “2025 Notes”) and $500,000,000 aggregate principal amount of 5.750% Senior Notes due 2028 (the “2028 Notes” and, together with the 2025 Notes, the “Notes”) co-issued by the Partnership and GLP Financing, II, Inc., a Delaware corporation and a wholly owned subsidiary of the Partnership (the “Co-Issuer” and, together with the Partnership, the “Issuers”) and guaranteed by Gaming and Leisure Properties, Inc., a Pennsylvania corporation and the general partner of the Partnership (the “Company”), pursuant to a Registration Statement on Form S-3 (Registration No. 333-210423) filed with the Securities and Exchange Commission (the “Commission”) on March 28, 2016 (the “Registration Statement”)
