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VICI Properties registers common stock held by shareholders for sale

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VICI Properties registers common stock held by shareholders for sale

Casino real estate investment trust VICI Properties Inc. registered for sale from time to time 54,054,053 shares of its common stock held by stockholders.

The shares registered for sale were sold for $18.50 apiece in December 2017 in a private placement. VICI Properties used part of the $963.8 million raised in that placement to fund its acquisition of Harrah's Las Vegas.

Shareholders listed in the filing include hedge fund Senator Global Opportunity Master Fund LP and Quantum Partners LP, managed by Soros Fund Management LLC, both of which own 5.81% of VICI's outstanding common stock. Canyon Value Realization Master Fund LP, which owns 4.26% of outstanding shares.

VICI said in the filing that is registering the shares to fulfill its obligation to do so under the terms of the private placement.