---
schema_version: "secwatch.filing_event.v1"
accession: "0001805284-25-000050"
form_type: "8-K"
ticker: "RKT"
cik: "0001805284"
company_name: "Rocket Companies, Inc."
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T23:01:08.670548+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rocket Companies enters $1.15B credit facility, expandable to $2.25B upon Mr. Cooper deal close

## Summary
- New $1.15B revolving credit agreement matures July 3, 2028; commitment can increase to $2.25B on closing of Mr. Cooper acquisition.
- Borrowings are unsecured; interest based on base rate (including term SOFR) plus an applicable margin.
- Replaces prior $1.15B 2024 credit agreement; no early termination penalties or prepayment premium incurred.
- Covenants include net leverage, corporate net debt ratios, minimum liquidity, and tangible net worth requirements.

## SEC filing metadata
- accession: 0001805284-25-000050
- form_type: 8-K
- ticker: RKT
- cik: 0001805284
- company_name: Rocket Companies, Inc.
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805284/000180528425000050/0001805284-25-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805284/000180528425000050/rkt-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805284-25-000050
- JSON: https://secwatch.observer/filing/0001805284-25-000050.json
- Plain text: https://secwatch.observer/filing/0001805284-25-000050.txt

## Key facts
- Debt Financings
  Rocket Companies, Inc. incurred revolving credit of initial aggregate commitment of $1.15 billion with JPMorgan Chase Bank, N.A., as administrative agent at base rate (which may include a term SOFR rate) plus an applicable margin maturing July 3, 2028.
  - Instrument: revolving credit
  - Principal: initial aggregate commitment of $1.15 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: base rate (which may include a term SOFR rate) plus an applicable margin
  - Maturity: July 3, 2028
  - Event: incurrence
  source text: entered into a new Revolving Credit Agreement (the "2025 Credit Agreement") with the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent (the "Administrative Agent"), and the other parties party thereto, with an initial aggregate commitment of $1.15 billion maturing on July 3, 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805284/000180528425000050/0001805284-25-000050-index.htm

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