InvenTrust Properties Corp. Announces Amended Unsecured Term Loans
DOWNERS GROVE, Ill., August 27, 2025-(BUSINESS WIRE)-InvenTrust Properties Corp. (“InvenTrust,” “IVT” or the “Company”) today announced it has closed on its amended unsecured term loans, resulting in extended maturities and improved pricing that strengthen the Company’s financial flexibility and aligns wiht its strategic capital plan.
“The recast of our term loans demonstrates the strength and resilience of our grocery-anchored Sun Belt portfolio,” said Mike Phillips, EVP, Chief Financial Officer and Treasurer of InvenTrust.”This transaction improves our maturity profile by extending our weighted average maturity from 2.9 to 5.1 years and provides certainty around our capital structure.”
The Company extended the maturity date on the $200 million term loan (“Tranche A-1”) to August 2030 and the $200 million term loan (“Tranche A-2”) to Febuary 2031. In addition, the Company entered into forward-starting interest rate swap agreements resulting in all-in weighted average fixed rates of 4.50% and 4.58%, respectively, based on the loans’ current applicable spreads.
Wells Fargo Securities, LLC and keybanc Capital Markets Inc. served as Joint Bookrunners and joint Lead Arrangers for the term loans. KeyBank National Association acted as Administrative Agent.