Rocket Companies has entered into a new $2.5 billion unsecured revolving credit agreement, replacing its prior facility. The new agreement, dated July 16, 2026, will provide capital for general corporate purposes and extends the company's credit maturity to 2029.
Key Details
- New Agreement: Entered into a new Revolving Credit Agreement for an initial aggregate commitment of $2.5 billion, maturing on July 16, 2029.
- Termination of Prior Facility: The company terminated its previous Revolving Credit Agreement, dated April 30, 2025, without incurring any early termination penalties.
- Terms: The borrowings are unsecured and include customary financial maintenance covenants related to net leverage, corporate net debt, minimum liquidity, and tangible net worth.