Rocket Companies, Inc. (RKT): debt financing — Rocket Companies boosts repurchase facility with JPMorgan by $1B to $3B; Santander facility increased to $1B

Rocket Companies, Inc.

JPMorgan MRA: facility increased from $2.0B to $3.0B, termination extended to June 11, 2027.
Santander MRA: facility increased from $750M to $1.0B, expiration extended to June 11, 2027.
Total funding capacity at June 16, 2025: $28.2B (up from $28.0B on March 31, 2025).
Stockholders re-elected Dan Gilbert and Alex Rampell as Class II directors and ratified Ernst & Young as auditor.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Rocket Companies, Inc. amended credit facility of $3.0 billion with JPMorgan Chase Bank, National Association maturing June 11, 2027.

Instrument: credit facility
Principal: $3.0 billion
Counterparty: JPMorgan Chase Bank, National Association
Maturity: June 11, 2027
Event: amendment

Exact text from the filing

The Second Amended and Restated MRA and Pricing Side Letters extended the termination date of the Master Repurchase Agreement from May 29, 2026 to June 11, 2027, increased the facility from $2.0 billion to $3.0 billion and effectuated certain other technical changes to the Master Repurchase Agreement.

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Rocket Companies, Inc. amended credit facility of $750 million to $1.0 billion with Banco Santander, S.A. maturing June 11, 2027.

Instrument: credit facility
Principal: $750 million to $1.0 billion
Counterparty: Banco Santander, S.A.
Maturity: June 11, 2027
Event: amendment

Exact text from the filing

extended the expiration date of the existing Master Repurchase Agreement, dated as of June 17, 2024, between Santander, as buyer, and the Company, as seller (as amended, the "Santander Master Repurchase Agreement") from June 12, 2026 to June 11, 2027, increased the facility amount from $750 million to $1.0 billion and effectuated certain other technical changes

View on SEC.gov

90 debt financings filed in the last 30 days. Browse all debt financings →

Rocket Companies, Inc. filing history →

Source: SEC EDGAR

accession 0000950142-25-001632

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