| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Parana SA > News item |
Seritage Growth Properties makes $110 million prepayment on term loan
Chicago, Oct. 31 – Seritage Growth Properties made a voluntary $110 million prepayment on its $1.6 billion term loan with by Berkshire Hathaway Life Insurance Co. of Nebraska, according to an 8-K filing with the Securities and Exchange Commission.
Post-repayment, there is $1.16 billion outstanding on the term loan.
The prepayment reduces Seritage’s interest expense on the loan by about $7.7 million.
The real estate investment trust of retail, residential and mixed-use properties is based in New York.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.