08:21 AM EDT, 08/14/2025 (MT Newswires) -- Gaming and Leisure Properties ( GLPI ) said Thursday that it has priced $600 million of 5.25% senior notes due 2033 and $700 million of 5.75% senior notes due 2037.

The 2033 notes were priced at 99.642% of par and mature Feb. 15, 2033, while the 2037 notes were priced at 99.187% of par and mature Nov. 1, 2037, the company said.

Proceeds will be used to redeem the company's $975 million 5.375% senior unsecured notes due April 2026, including a make-whole premium, and for general corporate purposes, the company said.

The offering is slated to be completed Aug. 27, the company said.