SRG - Seritage Growth Properties prepays $100M toward $1.6B term loan facility
- Seritage Growth Properties ( NYSE: SRG ) said Monday it made a voluntary prepayment of $100M toward its $1.6B term loan facility.
- Now $1.34B of the loan facility remains outstanding.
- The prepayment will also reduce SRG's total annual interest expense related to the loan facility by ~$7M.
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Seritage Growth Properties prepays $100M toward $1.6B term loan facility