Ryman Hospitality Properties, Inc. Announces Proposed $700 Million Senior Notes Offering

Core Viewpoint - Ryman Hospitality Properties, Inc. plans to offer $700 million in senior notes due 2034 to refinance existing debt and strengthen its financial position [1][2]. Group 1: Offering Details - The company intends to issue $700 million in senior unsecured notes, which will be guaranteed by the company and its subsidiaries [1]. - The net proceeds from the offering will be used to fully redeem the existing 4.750% senior notes due 2027, including accrued interest and related fees [2]. Group 2: Regulatory Compliance - The notes will be offered only to qualified institutional buyers and certain non-U.S. persons, in compliance with Rule 144A and Regulation S under the Securities Act [3]. Group 3: Company Overview - Ryman Hospitality Properties, Inc. is a leading real estate investment trust specializing in upscale convention center resorts and entertainment experiences, managing a portfolio that includes five of the top seven largest non-gaming convention center hotels in the U.S. [5]. - The company owns a total of 12,364 hotel rooms and over 3 million square feet of meeting space across its properties [5]. - Ryman also holds a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and manages various entertainment venues [5].