InvenTrust Properties Corp. announced on August 27, 2025, the successful closing of its amended unsecured term loans. This transaction is designed to enhance the company’s financial flexibility and align with its strategic capital plan, providing greater stability in its debt structure.
The company extended the maturity date on its $200 million Tranche A-1 term loan to August 2030 and the $200 million Tranche A-2 term loan to February 2031. This action significantly improves InvenTrust's maturity profile, extending its weighted average maturity from 2.9 years to 5.1 years.
Furthermore, InvenTrust entered into forward-starting interest rate swap agreements, which resulted in all-in weighted average fixed rates of 4.50% and 4.58% for the respective term loans. Securing fixed rates provides certainty around future interest expenses, insulating the company from potential interest rate volatility and strengthening its financial position.
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