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:   2025-10-07T23:59:59+00:00
Accession:  0001837671-25-000060
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Copper Property CTL Trust declares $0.234415/unit distribution; Q2 store sales -1%
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- Distribution of $0.234415 per certificate ($17.6M total) payable Oct 10, 2025 to holders of record Oct 9.
- Q2 fiscal 2025 comparable store sales for Master Lease properties: -1.0% YoY; TTM -4.5%.
- Tenant Four-Wall EBITDAR for 119 properties (15.68M sq ft): $49.7M in Q2, 1.5x rent coverage.
- TTM Four-Wall EBITDAR of $164.2M, rent $128.5M; EBITDAR/rent ratio 1.3x.
- Liquid assets covenant met; tangible net worth $1.51B per master lease terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837671/000183767125000060/0001837671-25-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837671/000183767125000060/cpt-20251007.htm
  HTML page:      https://secwatch.observer/filing/0001837671-25-000060

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