---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-415565"
form_type: "8-K"
ticker: "MRP"
cik: "0002017206"
company_name: "Millrose Properties, Inc."
filed_at: "2026-10-06T20:08:40+00:00"
generated_at: "2026-10-12T16:20:09.115517+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Millrose sells $1.0B senior notes: $500M at 6.500% due 2029, $500M at 6.750% due 2031

## Summary
- Offering closed October 6, 2026: $500M of 6.500% senior notes due October 15, 2029 and $500M of 6.750% notes due October 15, 2031.
- Interest accrues from October 6, 2026 and is payable in arrears April 15 and October 15, beginning April 15, 2027.
- 2031 notes face special mandatory redemption at 100% plus accrued interest if the Dream Finders–Beazer merger is not completed by the May 13, 2027 outside date.
- Notes are guaranteed on a senior unsecured basis by Millrose Properties SPE LLC and MPSAB, LLC, and rank pari passu with the existing 6.375% 2030 and 6.250% 2032 senior notes.
- Citibank, N.A. is trustee; notes are callable at make-whole before October 15, 2027 (2029 notes) or October 15, 2028 (2031 notes), and change-of-control triggers repurchase at 101%.

## SEC filing metadata
- accession: 0001193125-26-415565
- form_type: 8-K
- ticker: MRP
- cik: 0002017206
- company_name: Millrose Properties, Inc.
- filed_at: 2026-10-06T20:08:40+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2017206/000119312526415565/0001193125-26-415565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2017206/000119312526415565/d151159d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-415565
- JSON: https://secwatch.observer/filing/0001193125-26-415565.json
- Plain text: https://secwatch.observer/filing/0001193125-26-415565.txt

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