Millrose Properties, Inc. Credit Agreement Increase

On September 21, 2026, Millrose Properties, Inc. entered into a Commitment and Acceptance agreement, increasing its aggregate Revolving Credit Facility commitment by $50 million to a total of $1.385 billion. This was facilitated by the addition of Flagstar Bank, N.A. as a new lender under the facility. The agreement was made pursuant to Section 2.18 of the Amended and Restated Credit Agreement dated March 25, 2026, as amended on August 5, 2026. The company confirmed that no default exists and that all financial covenants would be satisfied on a pro forma basis after the increase. The agreement includes representations and warranties from both the borrower and the accepting lender, ensuring compliance with credit agreement terms and regulatory requirements.