---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-084883"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2025-06-11T23:59:59+00:00"
generated_at: "2026-05-19T13:20:54.855479+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Seritage Growth Properties prepays $40M on term loan; $200M remains outstanding

## Summary
- Voluntary prepayment of $40M under $1.6B term loan with Berkshire Hathaway Life Insurance Company of Nebraska.
- Since Dec 2021, Seritage has repaid $1.4B total; $200M now remains outstanding.
- This prepayment reduces annual interest expense by ~$2.8M; cumulative reduction since Dec 2021 is ~$99.4M.
- Term loan agreement originally dated July 31, 2018, with multiple amendments through November 2024.

## SEC filing metadata
- accession: 0000950170-25-084883
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2025-06-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000095017025084883/0000950170-25-084883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000095017025084883/srg-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-084883
- JSON: https://secwatch.observer/filing/0000950170-25-084883.json
- Plain text: https://secwatch.observer/filing/0000950170-25-084883.txt

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