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Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.

AnnouncementAnnounced by Akin Gump Strauss Hauer & Feld · · summarized by LexCircuit Desk

Akin says it advised Millrose Properties on a $1 billion notes offering

Akin said it advised Millrose Properties on a US$1 billion senior notes offering divided into two US$500 million tranches. The firm said the financing was connected with planned acquisitions involving Dream Finders and Beazer and would also support repayment of revolving borrowings and general corporate purposes.

Key points

  • Akin said the 2029 notes carry a 6.5% coupon.Akin
  • The firm said the 2031 notes carry a 6.75% coupon.Akin
  • Akin said closing was expected on October 6, subject to customary conditions.Akin
  • The firm named Zach Wittenberg, John Clayton, Alan Laves and Matt Bivona on its team.Akin
Akin Gump · Akin

The announcement

Firm