Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully completed a private placement of $625 million in senior notes to fund a portion of the acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa, with net proceeds expected to be approximately $614 million after expenses [1][2]. Group 1: Financial Details - The senior notes have a 6.500% interest rate and are due in 2033, representing senior unsecured obligations guaranteed by the company and its subsidiaries [1]. - The total purchase price for the Desert Ridge Acquisition is approximately $865 million, with the remaining funds sourced from a recent public offering of common stock [2]. - The company completed a public offering of 2,990,000 shares at a price of $96.20 per share, which closed on May 21, 2025 [2]. Group 2: Redemption Conditions - If the Desert Ridge Acquisition is not completed, the notes will be subject to a special mandatory redemption at 100% of the issue price plus any accrued interest [3]. Group 3: Regulatory Compliance - The notes were offered only to qualified institutional buyers and certain non-U.S. persons, in compliance with Rule 144A and Regulation S under the Securities Act [4].

Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully closed an upsized public offering of 2,990,000 shares of common stock, raising approximately $275 million to fund a portion of the acquisition of the JW Marriott Phoenix Desert Ridge Resort & Spa [1][3][4] Group 1: Offering Details - The shares were sold at a public price of $96.20 per share, including 390,000 shares from the underwriters' option exercised on May 20, 2025 [1] - The offering was managed by Morgan Stanley, BofA Securities, J.P. Morgan, and Wells Fargo Securities as joint book-running managers, with additional bookrunners including Deutsche Bank Securities and others [2] Group 2: Use of Proceeds - The net proceeds from the offering will be contributed to RHP Hotel Properties, LP, which will use the funds to cover part of the $865 million purchase price for the Desert Ridge Acquisition [3] - The remaining purchase price will be funded through cash on hand and proceeds from a private placement of $625 million in senior notes, expected to yield approximately $614 million after expenses [4] 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 largest non-gaming convention center hotels in the U.S. [6] - The company also has a controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [6]

Core Viewpoint - Ryman Hospitality Properties, Inc. has successfully upsized and priced a private placement of $625 million in senior notes to fund a portion of the acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa, with expected net proceeds of approximately $614 million after expenses [1][2]. Group 1: Notes Offering - The private placement of senior notes was increased from $600 million to $625 million, with a fixed interest rate of 6.500% due in 2033 [1]. - The notes will be senior unsecured obligations guaranteed by the company and its subsidiaries, which also guarantee existing credit facilities and other senior unsecured notes [1]. - The expected closing date for the notes offering is June 4, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the notes offering will be used to fund part of the $865 million purchase price for the Desert Ridge Acquisition and to cover related fees and expenses [2]. - The remaining balance for the Desert Ridge Acquisition will be financed through a public offering of 2,600,000 shares of common stock priced at $96.20 per share, which is expected to close on May 21, 2025 [2][3]. Group 3: Redemption Conditions - If the Desert Ridge Acquisition is not completed, the notes will be subject to a special mandatory redemption at 100% of the issue price plus any accrued interest [3]. - The completion of the notes offering is not contingent upon the Desert Ridge Acquisition, and vice versa [3]. Group 4: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [6]. - The company owns several major properties, including Gaylord Opryland Resort & Convention Center and Gaylord Palms Resort & Convention Center, totaling 11,414 rooms and over 3 million square feet of meeting space [6][7]. - Ryman Hospitality also holds a controlling interest in Opry Entertainment Group, which includes iconic country music brands and entertainment venues [6][7].

Core Viewpoint - Ryman Hospitality Properties, Inc. plans to offer up to $600 million in senior notes to fund part of the acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa and related expenses [1][2]. Group 1: Offering Details - The senior notes will be due in 2033 and will be senior unsecured obligations guaranteed by the company and its subsidiaries [1]. - The net proceeds from the offering will be used to cover approximately $865 million of the acquisition price for the Desert Ridge property [2]. - The offering is not contingent upon the completion of the Desert Ridge Acquisition and will occur before its completion [3]. Group 2: Acquisition Funding - The remaining balance for the Desert Ridge Acquisition will be funded through a public offering of 2,600,000 shares of common stock priced at $96.20 per share, along with cash on hand [2]. - The Common Stock Offering is expected to close on May 21, 2025, subject to customary conditions [3]. Group 3: 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 [4]. - The notes have not been registered under the Securities Act and will not be sold in the U.S. without registration or an exemption [4]. Group 4: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality REIT specializing in upscale convention center resorts and entertainment experiences [6]. - The company owns several major properties, including Gaylord Opryland Resort & Convention Center and JW Marriott San Antonio Hill Country Resort & Spa, totaling 11,414 rooms and over 3 million square feet of meeting space [6].

Core Viewpoint - Ryman Hospitality Properties, Inc. has announced an upsized public offering of common stock to fund a portion of the acquisition of JW Marriott Phoenix Desert Ridge Resort & Spa, with the offering size increased from 2.3 million shares to 2.6 million shares at a price of $96.20 per share [1][2]. Group 1: Offering Details - The offering will consist of 2,600,000 shares of common stock, with an additional 30-day option for underwriters to purchase up to 390,000 more shares [1]. - The expected closing date for the offering is around May 21, 2025, subject to customary closing conditions [1]. - The offering is being conducted under the Company's shelf registration statement on Form S-3, which became effective on June 5, 2023 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be contributed to RHP Hotel Properties, LP, and will primarily fund a portion of the approximately $865 million purchase price for the Desert Ridge Acquisition [2]. - Any remaining funds from the offering will be allocated for general corporate purposes if the Desert Ridge Acquisition does not close [2]. Group 3: Underwriters - Morgan Stanley, BofA Securities, J.P. Morgan, and Wells Fargo Securities are acting as active joint book-running managers for the offering [3]. - Other bookrunners include Deutsche Bank Securities, BTIG, Credit Agricole CIB, Scotiabank, SMBC Nikko, and Raymond James [3]. Group 4: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [6]. - The Company owns several major properties, including Gaylord Opryland Resort & Convention Center and JW Marriott San Antonio Hill Country Resort & Spa, totaling 11,414 rooms and over 3 million square feet of meeting space [6][7].

Core Viewpoint - Ryman Hospitality Properties, Inc. has initiated a public offering of 2,300,000 shares of common stock to fund a portion of the acquisition of the JW Marriott Phoenix Desert Ridge Resort & Spa, with a total purchase price of approximately $865 million [1][2]. Group 1: Offering Details - The company plans to grant underwriters a 30-day option to purchase up to 345,000 additional shares [1]. - The net proceeds from the offering will be directed to RHP Hotel Properties, LP, which will use the funds for the Desert Ridge Acquisition and related expenses [2]. - The offering is not contingent upon the completion of the Desert Ridge Acquisition and will occur beforehand [2]. Group 2: Financial Structure - The remaining balance of the Desert Ridge Acquisition will be financed through a combination of cash on hand and debt, which may include borrowings from the revolving credit facility, unsecured debt financing, or the assumption of an existing secured loan [2]. - The offering is being conducted under the company's shelf registration statement, which became effective upon filing with the SEC [4]. Group 3: Management and Underwriters - Morgan Stanley, BofA Securities, J.P. Morgan, and Wells Fargo Securities are acting as joint book-running managers for the offering [3]. - The offering is subject to market conditions, and there is no assurance regarding its completion or final terms [3]. Group 4: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [6]. - The company owns several major properties, including Gaylord Opryland Resort & Convention Center and JW Marriott San Antonio Hill Country Resort & Spa, totaling 11,414 rooms and over 3 million square feet of meeting space [6].

Core Viewpoint - Ryman Hospitality Properties has declared a second quarter cash dividend of $1.15 per share, to be paid on July 15, 2025, to stockholders of record as of June 30, 2025 [1] Group 1: Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust (REIT) specializing in upscale convention center resorts and entertainment experiences [2] - The company owns five of the top seven largest non-gaming convention center hotels in the U.S., including Gaylord Opryland Resort & Convention Center and Gaylord Palms Resort & Convention Center, with a total of 11,414 rooms and over 3 million square feet of meeting space [2] - Ryman Hospitality Properties has a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [2]

Core Viewpoint - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust focusing on upscale convention center resorts and country music entertainment experiences, recently updating its investor presentation [1]. Company Overview - Ryman Hospitality Properties, Inc. specializes in upscale convention center resorts and entertainment experiences, owning five of the top seven largest non-gaming convention center hotels in the U.S. based on total indoor meeting space [2]. - The company's hotel portfolio includes Gaylord Opryland Resort & Convention Center, Gaylord Palms Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord National Resort & Convention Center, and Gaylord Rockies Resort & Convention Center, totaling 11,414 rooms and over 3 million square feet of meeting space [2]. - Ryman Hospitality Properties also holds a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [2].

Core Viewpoint - Ryman Hospitality Properties, Inc. will release its first quarter 2025 earnings results on May 1, 2025, and will hold a conference call to discuss the results on May 2, 2025 [1]. Company Overview - Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust specializing in upscale convention center resorts and entertainment experiences [3]. - The company's portfolio includes five of the top seven largest non-gaming convention center hotels in the U.S., with a total of 11,414 rooms and over 3 million square feet of meeting space [3]. - Ryman Hospitality Properties also owns a 70% controlling interest in Opry Entertainment Group, which includes iconic country music brands and various entertainment venues [3].