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Millrose Properties Upsizes Private Offering to $750 Million

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Millrose Properties Upsizes Private Offering to $750 Million

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The latest announcement is out from Millrose Properties Inc Class A ( (MRP) ).

On September 8, 2025, Millrose Properties, Inc. announced the pricing of its upsized private offering of $750 million in 6.25% Senior Notes due 2032, a $250 million increase from the initial offering size. The proceeds from this offering, expected to close on September 11, 2025, will be used to repay a $500 million term loan and for general corporate purposes, reflecting strategic financial management aimed at enhancing the company’s operational flexibility.

The most recent analyst rating on (MRP) stock is a Buy with a $35.50 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

Millrose Properties, Inc. is involved in purchasing and developing residential land, selling finished homesites to home builders through option contracts with predetermined costs and takedown schedules. The company provides an asset-light strategy for home builders, facilitating access to finished homesites and enabling capital recycling into future land acquisitions.

Average Trading Volume: 1,103,600

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.27B

Find detailed analytics on MRP stock on TipRanks’ Stock Analysis page.

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