---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-116685"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:06:11.399984+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-116685
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000095017024116685/0000950170-24-116685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000095017024116685/srg-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-116685
- JSON: https://secwatch.observer/filing/0000950170-24-116685.json
- Plain text: https://secwatch.observer/filing/0000950170-24-116685.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.