New revolving credit agreement signed July 16, 2026
Rocket entered a new revolving credit agreement on July 16, 2026 with JPMorgan Chase as administrative agent, featuring USD 2.5 billion initial commitments.
The unsecured facility matures on July 16, 2029; borrowings will fund general corporate purposes.
Pricing is based on a base rate, which may include term SOFR, plus a margin; unused commitments carry a rating-based fee.
The agreement includes customary default triggers, including change of control, with financial covenants tied to leverage, liquidity, and tangible net worth.
The prior April 30, 2025 revolving credit agreement was terminated with no early termination penalties or prepayment premium.
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