Ryman Hospitality Properties, Inc. Announces Pricing of $700 Million of Senior Notes Due 2034

Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully priced a private placement of $700 million in senior notes with a 5.750% interest rate, maturing in 2034, to refinance existing debt [1][2] Group 1: Financial Details - The senior notes will be senior unsecured obligations guaranteed by the Company and its subsidiaries, with net proceeds expected to be approximately $687 million after deducting discounts and expenses [1] - The proceeds will be used to fully redeem the Issuers' existing 4.750% senior notes due 2027, including accrued interest and related fees [2] Group 2: Regulatory Compliance - The notes will be sold only to qualified institutional buyers in compliance with Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act [3] Group 3: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality REIT specializing in upscale convention center resorts and entertainment experiences, owning several major properties including Gaylord Opryland Resort & Convention Center and Gaylord Palms Resort & Convention Center [5] - The Company manages a total of 12,364 hotel rooms and over 3 million square feet of meeting space across its properties, which are managed by Marriott International [5] - Ryman also holds a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and manages various entertainment venues [5]