MGM Growth Properties LLC Announces Pricing Of Public Offering Of 19,000,000 Class A Shares
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LAS VEGAS, March 10, 2021 /PRNewswire/ MGM Growth Properties LLC (NYSE: MGP) (the Company ) today announced that it has priced its previously announced underwritten public offering of 19,000,000 Class A shares (the shares ) at a public offering price of $32.15 per share, for expected proceeds of $587.9 million, net of the underwriters discount. As part of the offering (the Offering ), the Company also granted the underwriters a 30-day over-allotment option to purchase up to an additional 2,850,000 shares from the Company. If the underwriters exercise their over-allotment option to purchase additional shares in full, the expected proceeds of the offering, net of the underwriters discount, would be approximately $676.1 million. The offering is expected to close on March 15, 2021, subject to customary closing conditions.
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/PRNewswire/ MGM Growth Properties LLC (NYSE: MGP) (the "Company") today announced that it has commenced an underwritten public offering of 19,000,000 Class.