CBL appoints Jonathan Heller to board as company nears Nov 1 bankruptcy exit

CBL & ASSOCIATES PROPERTIES INC

Jonathan Heller, a Canyon Partners partner, appointed to CBL board effective Oct 15, 2021.
Heller waives director compensation until emergence from Chapter 11 reorganization.
Canyon Funds, advised by Heller's firm, hold >20% of CBL's senior notes and are Consenting Crossholders.
Company expects to emerge from bankruptcy on Nov 1, 2021; Heller to help transition to post-emergence board.
Heller has indirect interest in Canyon Funds' recoveries under the Plan through his partnership interest.

item 5.02 item 7.01 item 9.01

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Appointed

Jonathan Heller

Director

CBL · CBL & ASSOCIATES PROPERTIES INC

Effective: 2021-10-15
Filed: October 15, 2021, 7:59 PM ET

the Board of Directors of CBL & Associates Properties, Inc. (the “Company”) has appointed Jonathan Heller to the Board as an additional director of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Heller was appointed as Director at CBL & ASSOCIATES PROPERTIES INC.

Action: appointed
Role: Director

Exact text from the filing

the Board of Directors of CBL & Associates Properties, Inc. (the “Company”) has appointed Jonathan Heller to the Board as an additional director of the Company.

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Source: SEC EDGAR

accession 0001564590-21-050900

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