GlobeNewswire·Aug 11, 2026, 6:22 PM ET

Ryman Hospitality Properties, Inc. Announces Pricing of $700 Million of Senior Notes Due 2035

Ryman Hospitality Properties, Inc. successfully priced a private placement of $700 million aggregate principal amount of 6.250% senior notes due 2035.
The notes are senior unsecured obligations guaranteed by the Company & its subsidiaries & are expected to close on August 25, 2026.
Net proceeds from the notes will fund approximately $1.38 billion toward the acquisition of the JW Marriott Orlando Grande Lakes Resort & The Ritz-Carlton Orlando, Grande Lakes.
The remaining balance for the Grande Lakes Acquisition will be funded by a common stock offering of 5,100,000 shares priced at $117.00 per share & cash on hand.
The Grande Lakes Acquisition will be completed after the notes offering, & the notes will be mandatorily redeemed at 100% of the issue price plus accrued interest if the acquisition does not close.
The common stock offering is expected to close on August 12, 2026, & the completion of either the notes or stock offering is not contingent upon the other.
The notes were sold only to qualified institutional buyers in compliance with Rule 144A & to certain non-U.S. persons in reliance on Regulation S.
Ryman Hospitality Properties operates a portfolio of 12,364 rooms across multiple Gaylord & JW Marriott properties & holds a controlling interest in Opry Entertainment Group.