Millrose Properties, Inc. Announces Launch of $1.0 Billion Senior Notes Offering

Millrose Properties, Inc. Announces Launch of $1.0 Billion Senior Notes Offering

Millrose Properties, Inc. (NYSE: MRP) (“Millrose” or the “Company”) announced today that it plans to offer (the “Offering”) up to $1.0 billion in aggregate principal amount of senior notes in two separate tranches, one representing $500.0 million in aggregate principal amount of senior notes due 2029 and the other representing $500.0 million in aggregate principal amount of senior notes due 2031 (together, the “Notes”), subject to market conditions. The Offering will be exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).