secwatch.observer — SEC 8-K summary
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Issuer:     Millrose Properties, Inc. (MRP)
CIK:        0002017206
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001193125-25-201489
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Millrose Properties issues $750M of 6.250% Senior Notes due 2032; repays DDTL Credit Agreement
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- Issued $750M aggregate principal of 6.250% Senior Notes due September 15, 2032.
- Interest payable semi-annually on March 15 and September 15, first payment March 15, 2026.
- Notes are senior unsecured, guaranteed by wholly-owned subsidiary Millrose Properties SPE LLC.
- Proceeds used to repay in full and terminate the DDTL Credit Agreement (dated June 24, 2025).
- Indenture includes standard covenants and a change-of-control put at 101% of principal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2017206/000119312525201489/0001193125-25-201489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2017206/000119312525201489/d44587d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-201489

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