secwatch.observer — SEC 8-K summary
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Issuer:     Rocket Companies, Inc. (RKT)
CIK:        0001805284
Form:       8-K
Filed at:   2025-10-01T23:59:59+00:00
Accession:  0000950142-25-002622
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rocket completes acquisition of Mr. Cooper; issues $1.69B new notes; appoints Bray and Krishna
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- Mr. Cooper shareholders receive 11.00 Rocket shares per share; merger effective Oct 1, 2025.
- Issued $738M 6.5% notes due 2029 and $955M 7.125% notes due 2032 via exchange offers (98.4%/95.5% participation).
- Tender offers accepted $574M of 5.125% notes (88.4%) and $536M of 5.75% notes (89.3%) of Nationstar.
- Revolving credit facility increased from $1.15B to $2.3B; Rocket becomes successor borrower.
- Board expanded to nine; Jay Bray (ex-Mr. Cooper CEO) and Tagar Olson appointed; Varun Krishna named President effective Dec 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805284/000095014225002622/0000950142-25-002622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805284/000095014225002622/eh250684731_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-002622

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