On June 20, 2025, Rocket Companies successfully closed its previously announced private offering of $4.0 billion in senior notes. This included $2.0 billion aggregate principal amount of 6.125% senior notes due 2030 and $2.0 billion aggregate principal amount of 6.375% senior notes due 2033. The notes were issued pursuant to an Indenture dated June 20, 2025.
The notes are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by Rocket Mortgage, LLC and its domestic subsidiaries. Upon the consummation of the Redfin and Mr. Cooper acquisitions, these notes will also be guaranteed by Redfin and Mr. Cooper, respectively.
The proceeds are earmarked for the redemption of Nationstar Mortgage Holdings Inc.'s (NMH) senior notes due 2026, 2027, and 2028, as well as related fees and expenses. This successful financing event provides critical capital to support Rocket's strategic acquisitions and debt management initiatives, reinforcing its financial stability and growth plans.
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