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Millrose Properties Secures $1 Billion Credit Agreement

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Millrose Properties Secures $1 Billion Credit Agreement

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

On June 24, 2025, Millrose Properties, Inc. entered into a $1.0 billion credit agreement with Goldman Sachs Bank USA to finance the acquisition of homesites and support New Home Company’s acquisition of Landsea Homes Corporation, which closed on June 25, 2025. The agreement includes various interest rates based on leverage ratios and time frames, secured by pledges of promissory notes and equity interests, and contains covenants and events of default, with the loan maturing on June 23, 2026.

The most recent analyst rating on (MRP) stock is a Buy with a $30.00 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: 1,083,839

See more data about MRP stock on TipRanks’ Stock Analysis page.

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