- 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
Seritage Growth Properties prepays $50M loan
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