The RealReal Refinances 2029 Notes With $150M Loan and $25M Revolver
The RealReal entered a $150 million senior secured term loan and a $25 million revolver funded by Fortress to redeem its 2029 senior secured notes at par. The facilities mature in October 2033 and initially bear interest at SOFR plus 5.75%; funding and redemption are expected on or about October 19, 2026.
The RealReal secured a new $150M senior secured term loan and a $25M revolving credit facility funded by Fortress. Proceeds will be used to redeem the company’s 2029 senior secured notes at par. The facilities mature in Oct. 2033 and initially carry interest at SOFR + 5.75%.
Funding and redemption are expected on or about Oct. 19, 2026.