Company: GLPI
Filing Date: 2025-08-27
Form Type: 8-K
Source: 0001193125-25-189701
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Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-08-27
Form: 8-K
Item: Item 2.03
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-BalanceSheet Arrangement of Registrant

Closing of Notes Offering

On August 27, 2025, Gaming and Leisure Properties, Inc. (“ GLPI”) closed the previously announced offering (the “ Offering”) of $1,300,000,000 aggregate principal amount of Notes (as defined below), co-issuedby its operating partnership, GLP Capital, L. P. (the “ Operating Partnership”), and GLP Financing II, Inc., a wholly-owned subsidiary of the Operating Partnership (“ GLP Financing”, and together with the Operating Partnership, the “ Issuers”). The Notes were issued in two tranches, the first of which is comprised of senior notes due 2033 (the “2033 Notes”) and the second of which is comprised of senior notes due 2037 (the “2037 Notes”, and together with the 2033 Notes, the “ Notes”). The Notes are senior unsecured obligations of the Issuers, guaranteed by GLPI.

Indentures for the Notes

The Issuers issued the Notes on August 27, 2025 pursuant to an Indenture, dated as of October 30, 2013 (the “ Base Indenture”), as supplemented by the First Supplemental Indenture, dated as of March 28, 2016 (the “ First Supplemental Indenture”), and, with respect to the 2033 Notes, the Fifteenth Supplemental Indenture, dated as of August 27, 2025 (the “ Fifteenth Supplemental Indenture”), and, with respect to the 2037 Notes, the Sixteenth Supplemental Indenture, dated as of August 27, 2025 (the “ Sixteenth Supplemental Indenture”, and together with the Base Indenture, the First Supplemental Indenture and the Fifteenth Supplemental Indenture, the “ Indenture”), among the Issuers, GLPI, as parent guarantor, and Computershare Trust Company, N. A. as successor to Wells Fargo Bank, National Association, as trustee (the “ Trustee”).

The 2033 Notes mature on February 15, 2033 and bear interest at a rate of 5.250% per annum. Interest on the 2033 Notes is payable on February 15 and August 15 of each year, beginning on February 15, 2026. The