secwatch.observer — SEC 8-K summary
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Issuer:     Copper Property CTL Pass Through Trust (CPPTL)
CIK:        0001837671
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0001837671-25-000039
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Copper Property CTL Trust enters binding agreement to sell 119 properties for $947M to Onyx Partners
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- All-cash sale of 119 properties subject to triple-net master lease with Penney Intermediate Holdings LLC.
- Buyer's deposit non-refundable; due diligence completed; closing on or before September 8, 2025.
- Net proceeds to be distributed to certificateholders per Trust Agreement after sale consummation.
- Limited termination rights for ground lessor purchase rights, title defects, casualty, or condemnation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837671/000183767125000039/0001837671-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837671/000183767125000039/cpt-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001837671-25-000039

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