debt
confidence high
sentiment neutral
materiality 0.30
Rocket Companies enters $1.15B unsecured revolver maturing July 2027
Rocket Companies, Inc.
- Initial commitment $1.15 billion; maturity July 2, 2027.
- Proceeds for general corporate purposes; unsecured with base rate plus margin.
- Covenants include net leverage and liquidity maintenance; change-of-control default trigger.
- Prior $1.15B 2022 credit agreement terminated with no penalty.