🟢 Millrose Properties is trading 4.07% up in pre-market after pricing a $1.0 billion senior-notes offering

Millrose Properties is trading at $29.90, up 4.07% in pre-market after pricing a $1.0 billion private senior-notes offering following September 22’s market close.

• The offering includes $500 million of 6.500% notes due 2029 and $500 million of 6.750% notes due 2031.
• Proceeds are intended to support homesite acquisitions and repay debt, including borrowings connected with the Dream Finders–Beazer transaction.
• No volume data was provided, and broader markets were only modestly higher.