Seritage Growth Properties Makes $20 Million Loan Prepayment
Core Viewpoint - Seritage Growth Properties has made a voluntary prepayment of $20 million towards its $1.6 billion term loan facility, indicating a strong commitment to reducing debt and improving financial health [1] Financial Summary - The total amount repaid by the Company since December 2021 is $1.55 billion, demonstrating significant progress in debt reduction [1] - The Company has also repaid $50 million of the term loan, further enhancing its financial position [1]