---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-176999"
form_type: "8-K"
ticker: "MRP"
cik: "0002017206"
company_name: "Millrose Properties, Inc."
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:51:18.911964+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Millrose Properties closes $1.25B offering of 6.375% Senior Notes due 2030

## Summary
- Issued $1.25B aggregate principal of 6.375% Senior Notes due August 1, 2030.
- Interest payable semi-annually on Feb 15 and Aug 15, beginning Feb 15, 2026.
- Notes are senior unsecured obligations, guaranteed by subsidiary Millrose Properties SPE LLC.
- Redemption options: on/after Aug 1, 2027 at specified prices; prior with make-whole premium.
- Change of control triggers repurchase offer at 101% of principal plus accrued interest.

## SEC filing metadata
- accession: 0001193125-25-176999
- form_type: 8-K
- ticker: MRP
- cik: 0002017206
- company_name: Millrose Properties, Inc.
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2017206/000119312525176999/0001193125-25-176999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2017206/000119312525176999/d941302d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-176999
- JSON: https://secwatch.observer/filing/0001193125-25-176999.json
- Plain text: https://secwatch.observer/filing/0001193125-25-176999.txt

## Key facts
- Debt Financings
  Millrose Properties, Inc. incurred senior notes of $1.25 billion aggregate principal amount with Citibank, N.A. at 6.375% per annum maturing August 1, 2030.
  - Instrument: senior notes
  - Principal: $1.25 billion aggregate principal amount
  - Counterparty: Citibank, N.A.
  - Rate: 6.375% per annum
  - Maturity: August 1, 2030
  - Event: incurrence
  source text: On August 7, 2025, Millrose Properties, Inc. (“Millrose” or the “Company”) completed the offer and sale (the “Offering”) of $1.25 billion aggregate principal amount of its 6.375% Senior Notes due 2030 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2017206/000119312525176999/0001193125-25-176999-index.htm

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