VICI News

Four companies are scheduled to enter the Renaissance IPO ETF (NYSE: IPO) at the market's close on Thursday, February 8th. ADT (ADT) ADT, an Apollo-backed provider of monitored security devices for homes and businesses, raised $1.5 billion by offering 105 million shares at $14 on January 18th. At pricing, the Boca Raton, FL-based company commanded a market...read more

The deals are still pouring in, and IPO investors are poring over them. Nine IPOs raised a hefty $3.3 billion this past week. Excluding a SPAC and a Reg A+, the average return was just 2%. The week's sole energy offering, FTS International, was the only IPO to price above the midpoint or achieve a double-digit return. Casino REIT VICI Properties...read more

The IPO market had the biggest January on our records (25+ years) by IPO proceeds and tied 2014's record-high by deal count. The ...read more

VICI Properties, a newly-formed triple-net REIT that leases properties to Caesars Entertainment, raised $1.2 billion by offering an upsized 60.5 million shares at $20, the midpoint of the $19 to $21 range. The company originally planned to raise $1 billion by offering 50 million shares at the same range. At pricing, VICI commands a market value of $7.2 billion. VICI Properties...read more