Company: GLPI
Filing Date: 2025-08-15
Form Type: 424B5
Source: 0001193125-25-181872
Chunk: 83

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-08-15
Form: 424B5
Chunk 83
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 or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments. An affiliate of Wells Fargo Securities, LLC is the Administrative Agent under the Revolving
Credit Agreement and the Term Loan Credit Agreement and receives customary fees in connection therewith.

Conflicts of Interest

As described under “Use of Proceeds”, we intend to use all or a part of the net proceeds from this offering to finance the redemption of the 2026
Notes. Because certain of the underwriters and/or their affiliates may hold a position in the 2026 Notes, more than 5% of the net proceeds of this offering (not including underwriting discounts and commissions) may be received by such underwriters
and/or affiliates. Nonetheless, in accordance with the Financial Industry Regulatory Authority, Inc. Rule 5121, the appointment of a qualified independent underwriter is not necessary in connection with this offering because the notes are
investment grade rated.

S-50

LEGAL MATTERS Certain legal matters in connection with this offering will be passed upon for us by Goodwin Procter LLP, New York, New York. Certain legal matters in connection with this offering will be passed upon for the underwriters by Paul Hastings LLP, New York, New York. Certain legal matters in connection with Pennsylvania law will be passed upon by Polsinelli PC. Goodwin Procter LLP and Paul Hastings LLP may rely on Polsinelli PC with respect to matters governed by Pennsylvania law. EXPERTS The consolidated financial statements of Gaming and Leisure Properties, Inc., as of December 31, 2024 and 2023, and for each of the three years in the period ended December 31, 2024, incorporated by reference in this prospectus, and the effectiveness of Gaming and Leisure Properties, Inc.’s internal control over financial reporting have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their reports. Such financial statements are incorporated by reference in reliance upon the reports of such firm given their authority as experts in accounting and auditing. WHERE YOU CAN FIND MORE INFORMATION As of the date of this prospectus supplement, the Operating Partnership and Capital Corp. are not subject to the information requirements of the Exchange Act. GLPI is currently subject to the periodic and other information requirements of the Exchange Act and, in accordance with the Exchange Act, GLPI files annual, quarterly and current reports, proxy statements and other information with the SEC. GLPI’s SEC filings are available