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.