---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-398224"
form_type: "8-K"
ticker: "MRP"
cik: "0002017206"
company_name: "Millrose Properties, Inc."
filed_at: "2026-09-22T23:19:02+00:00"
generated_at: "2026-09-23T10:06:03.337642+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Millrose prices $1.0B senior notes offering in two tranches (6.5% 2029, 6.75% 2031)

## Summary
- Priced $500M of 6.500% senior notes due 2029 and $500M of 6.750% senior notes due 2031, both at 100% of par.
- Offering expected to close October 6, 2026; net proceeds plus $500M delayed draw term loan for general corporate purposes.
- Proceeds may fund homesite acquisitions from combined Dream Finders/Beazer entity (the 'Dream Finders Transaction').
- If Dream Finders Transaction not closed by May 13, 2027, special mandatory redemption of 2031 Notes triggered.
- Company will also repay $850M outstanding on revolving credit facility as of September 21, 2026.

## SEC filing metadata
- accession: 0001193125-26-398224
- form_type: 8-K
- ticker: MRP
- cik: 0002017206
- company_name: Millrose Properties, Inc.
- filed_at: 2026-09-22T23:19:02+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2017206/000119312526398224/0001193125-26-398224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2017206/000119312526398224/d126321d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-398224
- JSON: https://secwatch.observer/filing/0001193125-26-398224.json
- Plain text: https://secwatch.observer/filing/0001193125-26-398224.txt

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