Rocket Companies entered a new unsecured $2.5 billion revolving credit facility on July 16, 2026, led by JPMorgan as administrative agent, maturing July 16, 2029. Proceeds are for general corporate purposes, with interest at a base rate (which may include term SOFR) plus a margin and a commitment fee on unused amounts. On the same date, the company terminated its April 30, 2025 revolving credit agreement without penalties, effectively refinancing into the larger 2026 facility to bolster liquidity and flexibility.
New agreement details:
- Agreement type: Unsecured revolving credit facility
- Counterparty: JPMorgan Chase Bank, as Administrative Agent, and other lenders
- Signed / Effective: Jul 16 2026 / Jul 16 2026
- Duration / Termination: 3 years (to Jul 16 2029)
- Reason: Enhance liquidity and financial flexibility
Terminated agreement details:
- Agreement terminated: Revolving credit agreement
- Counterparty: JPMorgan Chase Bank, as Administrative Agent, and other lenders
- Original agreement date: Apr 30 2025
- Termination date: Jul 16 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Replaced by new 2026 revolving credit facility
Original SEC Filing:
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