Seritage makes $25M voluntary loan prepayment; $255M remains outstanding

Seritage Growth Properties

Prepaid $25M on $1.6B term loan from Berkshire Hathaway; total repaid $1.345B since Dec 2021.
Remaining outstanding $255M; annual interest expense reduced by ~$1.75M.
Cumulative repayments since Dec 2021 reduced annual interest expense by ~$94.1M.

item 7.01 item 9.01

Seritage Growth Properties filing history →

Source: SEC EDGAR

accession 0000950170-24-116685

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