Ryman Hospitality closes 5,865,000-share follow-on offering at $117 per share

Reuters2026/08/12 20:22

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Ryman Hospitality Properties closed an underwritten public offering of 5,865,000 common shares at USD 117 per share.
Deal included 765,000 shares from full exercise of the underwriters’ over-allotment option on Aug. 11, 2026.
Net proceeds totaled about USD 658 million, earmarked to help fund the USD 1.38 billion Grande Lakes acquisition in Orlando.
Remaining purchase price slated for cash on hand, proceeds from a USD 700 million 6.250% senior notes due 2035 private placement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryman Hospitality Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121615PRIMZONEFULLFEED9808935) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ryman Hospitality closes 5,865,000-share follow-on offering at $117 per share

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