---
schema_version: "secwatch.filing_event.v1"
accession: "0001805284-23-000053"
form_type: "8-K"
ticker: "RKT"
cik: "0001805284"
company_name: "Rocket Companies, Inc."
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:03:52.928866+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Rocket extends Barclays repo facility to July 2025; reduces size to $1.0B

## Summary
- Master Repurchase Agreement with Barclays extended from Sept 24, 2023 to July 21, 2025.
- Facility amount decreased from $1.25B to $1.0B; technical changes also made.
- Total funding capacity reduced to $24.0B (vs $24.2B Mar 31, 2023; $25.5B Dec 31, 2022).
- Amendment executed by indirect subsidiary Rocket Mortgage, LLC on July 21, 2023.

## SEC filing metadata
- accession: 0001805284-23-000053
- form_type: 8-K
- ticker: RKT
- cik: 0001805284
- company_name: Rocket Companies, Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805284/000180528423000053/0001805284-23-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805284/000180528423000053/rkt-20230721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805284-23-000053
- JSON: https://secwatch.observer/filing/0001805284-23-000053.json
- Plain text: https://secwatch.observer/filing/0001805284-23-000053.txt

## Key facts
- Debt Financings
  Rocket Companies, Inc. amended credit facility of decreased the facility amount from $1.25 billion to $1.0 billion with Barclays Bank PLC maturing July 21, 2025.
  - Instrument: credit facility
  - Principal: decreased the facility amount from $1.25 billion to $1.0 billion
  - Counterparty: Barclays Bank PLC
  - Maturity: July 21, 2025
  - Event: amendment
  source text: On July 21, 2023, Rocket Mortgage, LLC (the “Company”), a Michigan limited liability company and indirect subsidiary of Rocket Companies, Inc., as seller, and Barclays Bank PLC, a public limited company formed under the laws of England and Wales, as buyer ("Barclays"), entered into Amendment No. 3 to the Master Repurchase Agreement ("MRA Amendment") and the related amendment no. 3 to pricing side letter, which extended the expiration date of the existing Master Repurchase Agreement, dated as of September 25, 2020 by and between Barclays, as buyer, and the Company, as seller (the "Master Repurchase Agreement"), from September 24, 2023 to July 21, 2025, decreased the facility amount from $1.25 billion to $1.0 billion and effectuated certain other technical changes to the Master Repurchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805284/000180528423000053/0001805284-23-000053-index.htm
- Material Agreements
  Rocket Companies, Inc. amended Amendment No. 3 to the Master Repurchase Agreement with Barclays Bank PLC valued at decreased the facility amount from $1.25 billion to $1.0 billion (effective 2023-07-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC
  - Value: decreased the facility amount from $1.25 billion to $1.0 billion
  - Effective: 2023-07-21
  source text: On July 21, 2023, Rocket Mortgage, LLC (the “Company”), a Michigan limited liability company and indirect subsidiary of Rocket Companies, Inc., as seller, and Barclays Bank PLC, a public limited company formed under the laws of England and Wales, as buyer ("Barclays"), entered into Amendment No. 3 to the Master Repurchase Agreement ("MRA Amendment") and the related amendment no. 3 to pricing side letter, which extended the expiration date of the existing Master Repurchase Agreement, dated as of September 25, 2020 by and between Barclays, as buyer, and the Company, as seller (the "Master Repurchase Agreement"), from September 24, 2023 to July 21, 2025, decreased the facility amount from $1.25 billion to $1.0 billion and effectuated certain other technical changes to the Master Repurchase Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805284/000180528423000053/0001805284-23-000053-index.htm

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