Rocket Companies Announces Offering of Senior Notes Due 2026 and Senior Notes Due 2033


DETROIT, September 21, 2021 / PRNewswire / – Rocket Companies, Inc. (NYSE: RKT) (the “Company” or “Rocket Companies”), a Detroittechnology-based holding company of technology-driven real estate, mortgage and financial services companies – including Rocket Mortgage, Rocket Homes and Rocket Auto – today announced its subsidiaries, Rocket Mortgage, LLC (the “Issuer”) and the co-issuer of Rocket Mortgage, Inc. (the “co-issuer” and, together with the Issuer, the “Issuers”), propose to issue and sell $ 1.5 billion total principal amount of Senior Notes due 2026 and Senior Notes due 2033 (collectively, the “Notes”) in connection with an offer which will be exempt from the registration requirements of the Securities Act of 1933, as as amended (the “Securities Act”) (the “Offer”). The Notes will be jointly and severally guaranteed on a senior basis not guaranteed by all the national subsidiaries of the Issuers which guarantee the existing Notes of the Issuer.

The Issuer intends to use the net proceeds of the Offer (i) to purchase, pursuant to a separately announced takeover bid and solicitation of consent (the “Takeover Offer” ), all or part of $ 1.01 billion principal outstanding of the Issuer’s 5.250% Senior Bonds maturing in 2028 at the applicable redemption prices, plus accrued and unpaid interest, (ii) to pay the costs and expenses related to the Offer and the Public Offer, and (iii) for general corporate purposes.

The Notes are only offered to persons reasonably suspected of being Qualified Institutional Purchasers under Rule 144A under the Securities Act, and outside United States, to non-US investors in accordance with Regulation S. The Securities and associated collateral will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in United States in the absence of an effective registration statement or applicable exemption from registration requirements or in connection with a transaction not subject to the registration requirements of the Securities Act or any securities law of a state.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be illegal. This press release does not constitute an offer to buy or the solicitation of an offer to sell, and it is not a solicitation of consents with respect to the 5.250% Senior Bonds due 2028.

About rocket companies

Rocket Companies is a DetroitHolding company based on personal finance and consumer service brands including Rocket Mortgage, Rocket Homes, Rocket Loans, Rocket Auto, Rock Central, Amrock, Core Digital Media, Rock Connections, Lendesk and Edison Financial. Since 1985, Rocket Companies has been obsessed with helping clients achieve the American dream of home ownership and financial freedom. Rocket Companies delivers a cutting-edge customer experience powered by our simple, fast and reliable digital solutions. Rocket Companies has approximately 26,000 team members across United States and Canada. Rocket Companies ranked # 5 on the Fortune list of the “100 Best Companies to Work For” in 2021 and has been in the top third of the list for 18 consecutive years.

Forward-looking statements

Certain of the statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are generally identified by the use of words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, ” plan “,” “predict”, “plan”, “should”, “target”, “will”, “would” and, in each case, their negative or other terminology, different or comparable. These forward-looking statements reflect our point of view. view of future events as of the date of this release and are based on our management’s current expectations, estimates, forecasts, projections, assumptions, beliefs and information. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee that these expectations will prove to be correct. All of these forward-looking statements are subject to risks and uncertainties, many of which are beyond our control, and could cause future events or results to materially differ. different from those stated or implied in this document. It is not possible to predict or identify all of these risks. These risks include, without limitation, the risk factors described in the section entitled “Risk Factors” in the documents filed by the Company with the Securities and Exchange Commission. These factors should not be construed as exhaustive and should be read in conjunction with the other caveats included in this press release and other documents. We expressly disclaim any obligation to update or publicly review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by applicable law.

SOURCE Rocket Companies, Inc.


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