Gaming and leisure properties, inc. announces pricing of public offering of common stock

Wyomissing, pa., dec. 06, 2021 (globe newswire) -- gaming and leisure properties, inc. (the “company” or “glpi”) (nasdaq: glpi) today announced that its previously announced underwritten public offering to sell 7,700,000 shares of common stock has been priced for total gross proceeds (before underwriter's discounts and commissions and offering expenses) of approximately $344.6 million. the underwriters will sell the shares to purchasers directly or through agents, through brokers in brokerage transactions on nasdaq, to dealers in negotiated transactions or in a combination of such methods of sale, at a fixed price or prices, which may be changed, or at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices.  the company has granted the underwriters a 30-day option to purchase up to an additional 1,155,000 shares of common stock. the offering is expected to close on december 9, 2021, subject to customary closing conditions.
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