Seritage makes $80M prepayment on term loan; $400M remains outstanding

Seritage Growth Properties

Voluntary $80M prepayment on $1.6B term loan with Berkshire Hathaway Life Insurance.
Cumulative repayments total $1.2B since Dec 2021; $400M outstanding after prepayment.
Prepayment reduces annual interest expense by ~$5.6M; cumulative savings ~$84M.

item 7.01 item 9.01

Seritage Growth Properties filing history →

Source: SEC EDGAR

accession 0000950170-23-049963

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