---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-397284"
form_type: "8-K"
ticker: "MRP"
cik: "0002017206"
company_name: "Millrose Properties, Inc."
filed_at: "2026-09-22T12:23:46+00:00"
generated_at: "2026-09-22T12:25:12.728092+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Millrose Properties launches $1.0B senior notes offering in two tranches due 2029 and 2031

## Summary
- Offering: $500M notes due 2029 and $500M notes due 2031, private placement under Rule 144A/Reg S.
- Proceeds used with $500M delayed-draw term loan for general corporate purposes, incl. Dream Finders/Beazer homesite acquisitions.
- Will repay $850M outstanding under revolving credit facility as of Sept 21, 2026.
- Special mandatory redemption of $500M 2031 notes if Dream Finders transaction not consummated by May 13, 2027.
- Notes unregistered; no offer/sale in U.S. without exemption.

## SEC filing metadata
- accession: 0001193125-26-397284
- form_type: 8-K
- ticker: MRP
- cik: 0002017206
- company_name: Millrose Properties, Inc.
- filed_at: 2026-09-22T12:23:46+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2017206/000119312526397284/0001193125-26-397284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2017206/000119312526397284/d244618d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-397284
- JSON: https://secwatch.observer/filing/0001193125-26-397284.json
- Plain text: https://secwatch.observer/filing/0001193125-26-397284.txt

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