tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Millrose Properties Completes $1.25 Billion Senior Notes Sale

Story Highlights
Millrose Properties Completes $1.25 Billion Senior Notes Sale

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Millrose Properties Inc Class A ( (MRP) ) has provided an update.

On August 7, 2025, Millrose Properties, Inc. successfully completed the offering and sale of $1.25 billion in 6.375% Senior Notes due 2030. These notes were sold to qualified institutional buyers and certain non-U.S. persons, and are guaranteed on a senior unsecured basis by Millrose Properties SPE LLC. The notes are pari passu with existing senior indebtedness and are subject to various covenants and redemption options, including a potential repurchase upon a change of control event.

The most recent analyst rating on (MRP) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Millrose Properties Inc Class A stock, see the MRP Stock Forecast page.

More about Millrose Properties Inc Class A

Average Trading Volume: 1,055,964

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.88B

See more insights into MRP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1