---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-172278"
form_type: "8-K"
ticker: "MRP"
cik: "0002017206"
company_name: "Millrose Properties, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:37:58.574027+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Millrose announces $1.0B senior notes offering to refinance existing debt

## Summary
- Plans $1.0B senior notes due 2030 in private placement; net proceeds to repay $500M term loan due 2026 and $450M revolver.
- DDTL credit agreement amended to partially exempt a Designated Issuance from mandatory prepayment, keeping up to $500M outstanding.
- Funding fee added: 0.250% of principal on date 270 days after initial draw (June 24, 2025).
- Subsidiary Millrose Properties SPE joined as guarantor on revolving credit and DDTL agreements.

## SEC filing metadata
- accession: 0001193125-25-172278
- form_type: 8-K
- ticker: MRP
- cik: 0002017206
- company_name: Millrose Properties, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2017206/000119312525172278/0001193125-25-172278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2017206/000119312525172278/d895209d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-172278
- JSON: https://secwatch.observer/filing/0001193125-25-172278.json
- Plain text: https://secwatch.observer/filing/0001193125-25-172278.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.