Rocket Companies (RKT) intends to offer $600 million of senior debt maturing in 2031, along with an equal amount of obligations maturing in 2034, the company said Tuesday.

The proposed securities will receive full unsecured backing from domestic units that currently guarantee existing corporate debt, the company said.

Proceeds from the transaction will be used to repay existing 2.875% senior notes maturing in 2026 for its Rocket Mortgage division as well as other outstanding organizational liabilities, Rocket said.