secwatch.observer — SEC 8-K summary
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Issuer:     CBL & ASSOCIATES PROPERTIES INC (CBL)
CIK:        0000910612
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001564590-21-053379
Event type: other_material
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 1.02, 3.02, 2.03, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/0001564590-21-053379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910612/000156459021053379/cbl-8k_20211101.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-053379

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer