debt
confidence high
sentiment neutral
materiality 0.55
Rocket Companies upsizes senior notes offering to $1.5B, redeems existing notes
Rocket Companies, Inc.
- Priced $900M 6.125% notes due 2031 and $600M 6.500% notes due 2034; upsized from $1.2B to $1.5B.
- Closing expected June 16, 2026; proceeds to repay Rocket Mortgage's 2.875% notes due 2026 and 5.250% notes due 2028.
- Conditional redemption notices issued for 2026 notes (June 19) and 2028 notes (July 9) at 100% principal plus accrued interest.