VICI Properties Inc. and its operating partnership entered into an equity distribution agreement under which it may offer up to $750.0 million of its common shares from time to time under at-the-market offerings.

The experiential real estate investment trust plans to contribute any net proceeds to its operating partnership, which aims to use the proceeds for general corporate purposes.

The equity distribution agreement was entered into Dec. 19 with Citigroup Global Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc., Deutsche Bank Securities Inc., Evercore Group LLC, Robert W. Baird & Co. Inc., Barclays Capital Inc., Credit Suisse Securities (USA) LLC, Stifel Nicolaus & Co. Inc., SunTrust Robinson Humphrey Inc., Wells Fargo Securities LLC, Ladenburg Thalmann & Co. Inc. and Nomura Securities International Inc.