---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-053379"
form_type: "8-K"
ticker: "CBL"
cik: "0000910612"
company_name: "CBL & ASSOCIATES PROPERTIES INC"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:31:23.950872+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# CBL emerges from Chapter 11, secures $884M loan, $455M notes, relists on NYSE

## Summary
- Emerged from Chapter 11 on Nov 1, 2021; NYSE approved listing of common stock under symbol CBL effective Nov 2, 2021.
- Entered $883.7M senior secured term loan facility due 2025-2027, LIBOR+275bps (1.0% floor).
- Issued $455M 10% senior secured notes due 2029 and $150M 7.0% exchangeable senior secured notes due 2028.
- New equity incentive plan authorizes 3,222,222 shares; registration rights agreement filed with SEC.
- Fifth Amended and Restated OP Agreement adopted; all prior equity interests cancelled.

## SEC filing metadata
- accession: 0001564590-21-053379
- form_type: 8-K
- ticker: CBL
- cik: 0000910612
- company_name: CBL & ASSOCIATES PROPERTIES INC
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 1.02, 3.02, 2.03, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/cbl-8k_20211101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-053379
- JSON: https://secwatch.observer/filing/0001564590-21-053379.json
- Plain text: https://secwatch.observer/filing/0001564590-21-053379.txt

## Key facts
- Executive change
  David J. Contis was appointed as Lead Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Lead Director
  source text: on the Effective Date the Board consists of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  A. Larry Chapman resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Robert G. Gifford was appointed as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Director
  source text: on the Effective Date the Board consists of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Marjorie L. Bowen was appointed as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Director
  source text: on the Effective Date the Board consists of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Jonathan M. Heller was appointed as Chairman of the Board at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Chairman of the Board
  source text: As of the Effective Date, Jonathan M. Heller is the chairman of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Kathleen M. Nelson resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  David M. Fields was appointed as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Director
  source text: on the Effective Date the Board consists of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Kaj Vazales was appointed as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: appointed
  - Role: Director
  source text: on the Effective Date the Board consists of the following eight members: Stephen D. Lebovitz, Charles B. Lebovitz, Marjorie L. Bowen, David J. Contis, David M. Fields, Robert G. Gifford, Jonathan M. Heller and Kaj Vazales.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Carolyn B. Tiffany resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Richard J. Lieb resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Scott D. Vogel resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  Matthew S. Dominski resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
- Executive change
  John D. Griffith resigned as Director at CBL & ASSOCIATES PROPERTIES INC.
  - Action: resigned
  - Role: Director
  source text: the following directors have been deemed to have resigned from the Board in connection with the Company’s emergence from the Chapter 11 Cases and pursuant to the Plan: A. Larry Chapman, Matthew S. Dominski, John D. Griffith, Kathleen M. Nelson, Carolyn B. Tiffany, Scott D. Vogel and Richard J. Lieb.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.