secwatch.observer — SEC 8-K summary
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Issuer:     CBL & ASSOCIATES PROPERTIES INC (CBL)
CIK:        0000910612
Form:       8-K
Filed at:   2026-03-19T23:59:59+00:00
Accession:  0001193125-26-115610
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBL enters $425M non-recourse loan with Goldman Sachs at 7.40%, retiring part of $634M term loan
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- $425M non-recourse loan secured by 12 mall properties; Goldman Sachs Bank USA is lender.
- Loan carries 7.40% fixed interest, five-year term maturing April 2031.
- Proceeds used to retire a portion of the existing $634M secured term loan.
- Properties include Cherryvale Mall, Hanes Mall, Mall Del Norte, and nine others across the U.S.
- Loan includes minimum debt yield covenant and customary financial and operating covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910612/000119312526115610/0001193125-26-115610-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910612/000119312526115610/cbl-20260313.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-115610

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