Millrose Properties expands unsecured credit facility to $1.835 billion; term loan commitment climbs to $500 million
Reuters
Yesterday
<a href="https://laohu8.com/S/MRP">Millrose Properties</a> expands unsecured credit facility to $1.835 billion; term loan commitment climbs to $500 million
Millrose closed an amendment to its credit facility with JPMorgan Chase Bank, adding a USD 500.0 million term loan commitment.
The amendment expands floating-rate unsecured debt capacity under the facility to USD 1.84 billion.
The amended facility includes a USD 1.34 billion unsecured revolving credit commitment.
Borrowings bear interest at Adjusted Term SOFR plus a margin of 2.00% to 2.50%.
The facility matures on March 25, 2030.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Millrose Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603270800BIZWIRE_USPR_____20260327_BW192766) on March 27, 2026, and is solely responsible for the information contained therein.
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