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Seritage Growth Properties makes $40 million loan prepayment, reduces annual interest expense.
ByAinvest
Thursday, Dec 4, 2025 5:09 pm ET1min read
Seritage Growth Properties has made a voluntary prepayment of $20 million towards its $1.6 billion term loan facility with Berkshire Hathaway Life Insurance Company of Nebraska. This brings the total repaid to $1.55 billion since December 2021, with $50 million remaining. The prepayment reduces Seritage's total annual interest expense by approximately $1.4 million.
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