Seritage Growth Properties: Term Loan Debt Reduced After Aventura Sale
Source: SeekingAlpha
2026-01-28 02:25:46 ET
Seritage Growth Properties ( SRG )( SRG.PR.A ) is inching closer to wrapping up its operations. It closed on the sale of its Aventura property in late November and made $150 million in term loan prepayments by early December . This helps reduce Seritage's interest costs to around $3.5 million per year, and Seritage's cash burn should be under $10 million per quarter now....
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Seritage Growth Properties: Term Loan Debt Reduced After Aventura Sale
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