VICI Properties Inc. Announces Completion of Mandatory Conversions

LAS VEGAS–(BUSINESS WIRE)–VICI Properties Inc. (OTC:VICI) (“VICI Properties” or the “Company”), an experiential-asset focused real estate investment trust (REIT), today announced it has completed the mandatory conversion of all of the Company’s Series A Convertible Preferred Stock and the junior tranche of the Caesars Palace Las Vegas Mezzanine Debt (“CPLV Mezzanine Debt”) (collectively the “Mandatory Conversions”) into shares of the Company’s common stock. As previously disclosed, on Novembe