10/06/2026 | Press release | Archived content
October 6, 2026
Cahill represented the initial purchasers in connection with a rule 144A and Reg S offering of $500 million aggregate principal amount of 6.5% senior notes due 2029 and $500 million aggregate principal amount of 6.75% senior notes due 2031 by Millrose Properties, Inc.
Proceeds from the offering were used to repay certain outstanding indebtedness and for general corporate purposes.
Millrose Properties purchases and develops residential land and sells finished homesites to home builders.