Expanded Partnership with Cabot at Cabot Saint Lucia and Cabot Highlands
CABOT PARTNERSHIP OVERVIEW
VICI entered into an agreement with Cabot to provide a delayed draw development loan for Cabot Saint
Lucia and has agreed in principle to provide a delayed draw development loan for Cabot Highlands,
expanding and internationalizing the companies' investment partnership and bringing the potential total
committed capital to approximately $300 million
Cabot Citrus Farms
Up to $120 million
Delayed draw development loan plus
future real estate ownership
7 years
Loan term
June 2022
Investment announced
Cabot Highlands (1)
Up to £85 million
Delayed draw development loan plus call
right for future real estate ownership
7 years
Loan term
December 2023
Investment announced
Cabot Saint Lucia
Up to $100 million
Delayed draw development loan
7 years
Loan term
December 2023
Investment announced
(1) Entry into the delayed draw development loan and call right agreement for Cabot Highlands are subject to negotiation of definitive documentation and other customary closing conditions.
VICI
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