Brief: Seritage Growth Properties Says Made Voluntary Prepayment In Amount Of $100 Mln Under $1.6 Bln Senior Secured Term Loan Agreement
08/08/2022 23:37
Aug 8 (Reuters) - Seritage Growth Properties SRG.N :
* SERITAGE GROWTH PROPERTIES-HAS MADE VOLUNTARY PREPAYMENT
IN
AMOUNT OF $100 MILLION UNDER $1.6 BILLION SENIOR SECURED TERM
LOAN AGREEMENT, DATED JULY 31, 2018
* SERITAGE GROWTH PROPERTIES - PREPAYMENT WILL ALSO REDUCE
COMPANY'S TOTAL ANNUAL INTEREST EXPENSE RELATED TO TERM LOAN
FACILITY BY ABOUT $7 MILLION
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Further company coverage: SRG.N
((Reuters.Briefs@thomsonreuters.com;))
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