Ryman Hospitality Properties

The REIT sector saw another month of red in April (-6.45%) and REITs now average a -9.10% return over the first 4 months of the year. Microcap (-8.87%) and small-cap REITs (-8.69%) endured bigger average losses than mid-caps (-5.45%) and large-caps (-2.93%). 84.62% of REIT securities had a negative total return in April.» Mehr auf seekingalpha.com

NASHVILLE, Tenn., May 21, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the closing of its previously announced upsized underwritten registered public offering of 2,990,000 shares of its common stock, par value $0.01 per share, at a price to the public of $96.20 per share (the “Offering”). The shares sold in the Offering included 390,000 shares sold following the May 20, 2025 exercise in full of the underwriters' option to purchase additional shares of common stock, which were delivered at the time of the closing of the Offering. As a result, the Company received aggregate net proceeds from the sale of the common stock of approximately $275 million, after deducting underwriting discounts and commissions and other estimated expenses of the Offering payable by the Company.» Mehr auf globenewswire.com

NASHVILLE, Tenn., May 20, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together with the Operating Partnership, the “Issuers”), successfully upsized and priced the private placement of $625 million aggregate principal amount of 6.500% senior notes due 2033 (the “Notes”). The aggregate principal amount of the Notes to be issued in the offering was increased to $625 million from the previously announced $600 million. The Notes will be senior unsecured obligations of the Issuers and guaranteed by the Company and its subsidiaries that guarantee the Operating Partnership's existing credit facility, 4.750% senior unsecured notes due 2027, 7.250% senior unsecured notes due 2028, 4.500% senior unsecured notes due 2029 and 6.500% senior unsecured notes due 2032. Subject to customary closing conditions, the Issuers expect the private placement of the Notes to close on June 4, 2025. The aggregate net proceeds from the sale of the Notes are expected to be approximately $614 million, after deducting the initial purchasers' discounts and commissions and estimated offering expenses.» Mehr auf globenewswire.com