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MGM Growth Properties LLC (MGP.N)

MGP.N on New York Stock Exchange

30.98USD
20 Jul 2018
Change (% chg)

$-0.12 (-0.39%)
Prev Close
$31.10
Open
$30.99
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$30.93
Volume
59,893
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134,263
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$31.81
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$25.33

Latest Key Developments (Source: Significant Developments)

MGM Growth Properties Completes Increase And Extension Of Term Loan A
Friday, 15 Jun 2018 

June 15 (Reuters) - MGM Growth Properties LLC ::MGM GROWTH PROPERTIES LLC COMPLETES INCREASE AND EXTENSION OF TERM LOAN A AND REVOLVER THROUGH AMENDED CREDIT FACILITIES.MGM GROWTH PROPERTIES - AMENDED OPERATING PARTNERSHIP'S CREDIT AGREEMENT TO PROVIDE FOR EXTENSION OF REVOLVING FACILITY TO $1,350 MILLION DUE 2023.MGM GROWTH PROPERTIES - AMENDMENT EXTENDS MATURITY DATE OF EXISTING $270 MILLION TERM LOAN A FACILITY TO 2023.MGM GROWTH PROPERTIES - AMENDMENT ALSO PROVIDE FOR A NEW $200 MILLION DELAYED DRAW TERM LOAN A DUE 2023.  Full Article

MGM Growth Properties Says On March 23, Co's Unit Entered Into Third Amendment To Credit Agreement, Dated As Of April 25, 2016
Tuesday, 27 Mar 2018 

March 26 (Reuters) - MGM Growth Properties LLC ::MGM GROWTH PROPERTIES SAYS ON MARCH 23, CO'S UNIT ENTERED INTO THIRD AMENDMENT TO CREDIT AGREEMENT, DATED AS OF APRIL 25, 2016 - SEC FILING​.MGM GROWTH - ‍AMENDMENT REDUCED INTEREST RATE OF TERM B FACILITY TO 1% PER ANNUM FOR BASE RATE LOANS, 2% PER ANNUM FOR EURODOLLAR RATE LOANS​.MGM GROWTH - ‍AMENDMENT TO CREDIT AGREEMENT PROVIDES FOR EXTENSION OF TERM B FACILITY TO MARCH 23, 2025​.  Full Article

Vici Properties Rejects Proposal From MGM Growth Properties LLC
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Vici Properties Inc ::VICI PROPERTIES INC. REJECTS UNSOLICITED PROPOSAL FROM MGM GROWTH PROPERTIES LLC.VICI PROPERTIES INC - "‍BELIEVES MGP PROPOSAL NOT IN BEST INTERESTS OF VICI AND ITS STOCKHOLDERS"​.  Full Article

MGM Growth Properties LLC Announces Proposal To Combine With VICI Properties
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - MGM Growth Properties Llc ::PRESS RELEASE - MGM GROWTH PROPERTIES LLC ANNOUNCES PROPOSAL TO COMBINE WITH VICI PROPERTIES INC..MGM GROWTH PROPERTIES LLC - CONSIDERATION WOULD BE IN FORM OF MGP SHARES, WITH EXCHANGE RATIO FIXED AT SIGNING OF A DEFINITIVE AGREEMENT.MGM GROWTH PROPERTIES - PROPOSING TO BUY 100% OF VICI'S OUTSTANDING COMMON STOCK FOR $19.50 PER SHARE.MGM GROWTH PROPERTIES LLC - UPON COMPLETION OF DEAL, VICI SHAREHOLDERS WOULD OWN ABOUT 43% OF COMBINED CO.MGM GROWTH PROPERTIES LLC - ITS OFFER IS NOT CONTINGENT ON ANY FINANCING CONDITION.MGM GROWTH PROPERTIES LLC - BELIEVES THAT A COMBINATION WITH VICI WOULD BE ACCRETIVE TO AFFO.  Full Article

MGM Growth Properties Operating Partnership LP Announces Launch Of Exchange Offer
Saturday, 6 Jan 2018 

Jan 5 (Reuters) - MGM Growth Properties Llc ::MGM GROWTH PROPERTIES OPERATING PARTNERSHIP LP ANNOUNCES LAUNCH OF EXCHANGE OFFER FOR ITS 4.500% SENIOR NOTES DUE 2028.MGM GROWTH - UNITS ‍COMMENCED OFFER TO EXCHANGE ANY, ALL THEIR OUTSTANDING $350 MILLION 4.500% SENIOR NOTES DUE 2028 FOR NEW 4.500% SENIOR NOTES DUE 2028​.  Full Article

MGM Growth Properties Announces Increased Quarterly Dividend
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Mgm Growth Properties Llc ::MGM GROWTH PROPERTIES LLC ANNOUNCES INCREASED QUARTERLY DIVIDEND.MGM GROWTH PROPERTIES LLC - MGM GROWTH PROPERTIES OPERATING PARTNERSHIP LP DECLARED DISTRIBUTION OF $0.42/UNIT FOR Q4.MGM GROWTH PROPERTIES LLC - CO'S BOARD DECLARED A QUARTERLY CASH DIVIDEND OF $0.42 PER CLASS A COMMON SHARE FOR Q4.  Full Article

MGM Growth Properties Q3 FFO per share $0.46
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - MGM Growth Properties LLC :MGM Growth Properties LLC reports third quarter financial results.Q3 adjusted FFO per share $0.49.Q3 FFO per share $0.46.  Full Article

MGM Growth Properties LLC announces pricing of $500 mln senior unsecured notes offering by MGM Growth Properties Operating Partnership LP
Wednesday, 10 Aug 2016 

Mgm Growth Properties LLC : Mgm Growth Properties LLC announces pricing of $500 million senior unsecured notes offering by Mgm Growth Properties Operating Partnership LP .Have priced $500 million in principal amount of 4.5% senior unsecured notes due 2026 in a private placement at par.  Full Article

MGM Growth Properties announces proposed private offering by MGM Growth Properties Operating Partnership
Tuesday, 9 Aug 2016 

MGM Growth Properties LLC : MGM Growth Properties LLC announces proposed private offering by MGM Growth Properties Operating Partnership LP . Plan to use net proceeds to refinance amounts outstanding under issuer's revolving credit facility .Consolidated units propose to offer $400 million in aggregate principal amount of senior notes due 2026 in a private placement.  Full Article

MGM Growth Properties says qtrly rental revenue was $101 million
Thursday, 4 Aug 2016 

Mgm Growth Properties Llc : Mgm growth properties llc reports second quarter results . Net income available to mgp class a shareholders for quarter was $7 million or $0.12 per dilutive share . Qtrly rental revenue was $101 million . Mgp to increase its annual dividend by $0.12 per share starting in q3 .Q2 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-MGM Growth Properties Reports Q4 FFO Per Share Of $0.44

* Q4 REVENUE VIEW $208.6 MILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: