10:29 AM EDT, 08/04/2025 (MT Newswires) -- Millrose Properties ( MRP ) said Monday it plans to offer up to $1 billion in senior notes due 2030 to qualified institutional buyers.

Proceeds will be used to repay $500 million under its term loan due 2026 and $450 million in outstanding borrowings under its revolving credit agreement, with remaining funds allocated to general corporate purposes, the company said.

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