Seritage Growth Properties extends term loan maturity to July 2026 with 2% fee

Seritage Growth Properties

Amendment allows one-year extension of Senior Secured Term Loan maturity from July 31, 2025 to July 31, 2026 at Operating Partnership's election.
Extension requires payment of a 2% fee on the outstanding principal amount as of the original maturity date.
All other terms, including interest rate and incremental facility fee, remain unchanged during the extension period.
Berkshire Hathaway Life Insurance Company of Nebraska is the lender and administrative agent under the amended agreement.

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