DOWNERS GROVE, Ill.–(BUSINESS WIRE)–InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced the execution of a definitive note purchase agreement providing for a private placement of $250 million senior unsecured notes, including $150 million are designated as 5.07% Series A Senior Notes due August 11, 2029 and $100 million are designated as 5.20% Series B Senior Notes due August 11 2032 (collectively, the “Notes”). Together, the Notes are expected to have a weighted average term of approximately 8.2 years and a weighted average fixed interest rate of 5.12%. The estimated terms of this private placement transaction have been included in the first quarter guidance provided by the Company. The Notes will be required to be absolutely and unconditionally guaranteed by certain subsidiaries of the Company which guarantee certain material credit facilities of the Company (if any), and are expected to be issued on August 11, 2022, subject to customary closing conditions.

The Company intends to use the net proceeds of the offering for general corporate purposes, including debt repayment and future acquisitions.

The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any state or other jurisdiction and may not be offered or sold in the United States absent registration or applicable authorization. exemption from the registration requirements of securities law and applicable securities laws of states or other jurisdictions. The Notes, when issued, will be sold in reliance on the registration exemption provided by Section 4(a)(2) of the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, and there will be no offer or sale of these securities in any state or other jurisdiction where, or to any person to whom the offer, solicitation or sale of such securities would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About InvenTrust Properties Corp.

InvenTrust Properties Corp. (“we”, the “Company”, “us”, “we”, “IVT” or “InvenTrust”) is a Sun Belt multi-tenant core retail REIT that owns, leases, redevelops, acquires and operates community and neighborhood anchored in a grocery store as well as high-quality power centers that often have a grocery component. We are pursuing our business strategy by acquiring commercial properties in Sun Belt Markets, opportunistically disposing of commercial properties, maintaining a flexible capital structure and improving environmental, social and governance (ESG) practices and standards . A trusted local operator bringing its real estate expertise to its relations with its tenants, IVT has built a solid reputation with market players across its entire portfolio. IVT is committed to leading ESG practices and has been a member of the Global Real Estate Sustainability Benchmark (“GRESB”) since 2013. As of March 31, 2022, the company owns and manages 63 retail properties, representing 9.9 million square feet. of retail space. For more information, please visit www.intrustproperties.com.

Disclaimer of Forward-Looking Statements

The forward-looking statements contained in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements regarding intentions, beliefs, expectations, representation, plans or predictions of the future, are usually identified by words such as “may”, “could”, “expects”, “intends”, “plans”, ” seeks”, “anticipates”, “believes”, “estimates”, “predicts”, “potential”, “continues”, “probable”, “should”, “would”, “prospects”, “orientation” and variations of these similar terms and expressions, or the negative of these similar terms or expressions. Such statements include, but are not limited to, statements regarding the issuance and sale of Notes, and the related closing of Notes. These forward-looking statements are necessarily based on estimates and assumptions that, although considered reasonable by us and our management, are inherently uncertain. The following factors, among others, could cause actual results, financial condition and the timing of certain events to differ materially from those described in the forward-looking statements: the effects and duration of the COVID-19 pandemic; interest rate movements; local, regional, national and global economic performance; competitive factors; the impact of e-commerce on the retail industry; future retail store closures; grouping of retailers; retailers are downsizing stores; retail bankruptcies; government policy changes; and any significant changes and trends in the market that could affect the Company’s business strategy. For a more in-depth discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see the risk factors included in InvenTrust’s most recent Annual Report on Form 10-K, updated updated by any subsequent quarterly report on Form 10-Q, in each case as filed with the Securities and Exchange Commission. InvenTrust intends that these forward-looking statements be subject to the safe harbors created by Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, except as required by applicable law. We caution you not to place undue reliance on forward-looking statements, which are made as of the date of this press release. We undertake no obligation to publicly update these forward-looking statements to reflect actual results, new information or future events, changes in assumptions, or changes in other factors affecting the forward-looking statements, except to the extent required. by applicable laws. If we update one or more forward-looking statements, no conclusion should be drawn that we will make additional updates with respect to such or other forward-looking statements.

Availability of information on InvenTrust Properties Corp. website and social media.

Investors and others should note that InvenTrust regularly announces important information to investors and the market using documents filed with the United States Securities and Exchange Commission, press releases, public conference calls, webcasts and the website InvenTrust Investor Relations Web. The Company uses these channels as well as social networks (for example, the InvenTrust Twitter account (twitter.com/inventrustprop) and the InvenTrust LinkedIn account (linkedin.com/company/inventrustproperties) as a means of disclosing information about activities of the Company. Although not all information the Company posts on the InvenTrust Investor Relations website or on the Company’s social media channels is material in nature, some information may be considered material. The Company encourages investors, the media and others interested in InvenTrust to review the information it shares at www.intrustproperties.com/investor-relations and on the Company’s social media channels.