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home / news releases / SRG - Seritage Growth Properties prepays $50M loan

SRG - Seritage Growth Properties prepays $50M loan

Seritage Growth Properties Class A

2023-06-08 07:23:26 ET

  • Seritage Growth Properties ( NYSE: SRG ) makes another pre-payment of $50M toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska, bringing total repaid amount to $1.05B.
  • The current prepayment will reduce Seritage’s total annual interest expense related to the term loan facility by ~$3.5M. Source: Press Release

For further details see:

Seritage Growth Properties prepays $50M loan
Stock Information
Company Name: Seritage Growth Properties Class A
Stock Symbol: SRG
Market: NYSE
Website: seritage.com
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