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CBL News and Press, CBL & Associates Properties Inc. From 08/19/20

Stock Information

Company Name: CBL & Associates Properties Inc.
Stock Symbol: CBL
Market: NYSE
Website: cblproperties.com

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CBL - CBL enter restructuring support pact with noteholders

CBL Properties (NYSE: CBL )   slips 1.2%  in premarket trading after the REIT enters an agreement with noteholders that would eliminate ~$1.4B principal amount of unsecured notes and give the noteholders ~90% of new common equity in the restructured company. More news on: CBL ...

CBL - CBL Properties Enters Into Restructuring Support Agreement With Noteholders to Significantly Strengthen Its Capital Structure

Approximately $900 million of Debt and at Least $600 Million of Other Obligations to be Eliminated and Maturity Schedule Significantly Lengthened Highly Experienced and Dedicated Leadership Team to Continue to Lead CBL CBL Properties (NYSE:CBL) today announced that the Company has ente...

CBL - Retail weakness rolls down to mall REITs

Mall and shopping center REITs take a hit after Kohl's warns that the resurgence of COVID-19 in some parts of the U.S. hurt July sales . More news on: Tanger Factory Outlet Centers, Inc., SITE Centers Corp., CBL & Associates Properties, Inc., Financial stocks news, Stocks on the move,...

CBL - No Deal, No Problem

Real Estate Weekly Outlook No deal, no problem. U.S. equity markets continued their seemingly relentless rally this week despite a stalemate in stimulus negotiations as an encouraging slate of employment data quelled concerns about a potentially ebbing economic recovery. Perhaps more impor...

CBL - CBL sees mutually beneficial outcome from lender talks; shares +17%

CBL & Associates (NYSE: CBL )   surges 17%  in after-hours trading after the shopping center REIT said it's hopeful that talks with its lenders will reach a "mutually beneficial outcome." More news on: CBL & Associates Properties, Inc., Financial stocks news, Earnings ...

CBL - CBL & Associates Properties FFO misses by $0.07, misses on revenue

CBL & Associates Properties (NYSE: CBL ) : Q2 FFO of $0.04 misses by $0.07 . Revenue of $124.21M (-35.7% Y/Y) misses by $22.44M . Portfolio occupancy was 88.1%, representing a 210 bps decline compared with 90.2% as of June 30, 2019. Press Release More news on: CBL & Asso...

CBL - CBL Properties Reports Results for Second Quarter 2020

CBL Properties (NYSE:CBL) announced results for the second quarter ended June 30, 2020. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this news release. KEY TAKEAWAYS: ...

CBL - Landlords brace for wave of retailer bankruptcies - Bloomberg

As the COVID-19 pandemic triggers a wave of retailer bankruptcies, some landlords are left with little recourse when the tenants in bankruptcy proceedings want to get out of or renegotiate leases. More news on: CBL & Associates Properties, Inc., Hudson's Bay Company, Tanger Factory O...

CBL - CBL makes $30.4M in interest payments; shares surge

CBL & Associates (NYSE: CBL )   soars 23%  in after-hours trading after the REIT made $30.4M in payments that it skipped in June. More news on: CBL & Associates Properties, Inc., Financial stocks news, Stocks on the move, Read more ...

CBL - CBL Properties to Close Its Properties on Thanksgiving Day for the Fifth Consecutive Year

CBL Properties (NYSE:CBL) today announced that its portfolio of market-dominant regional shopping centers will remain closed on Thanksgiving Day for the fifth consecutive year. “We are proud to continue our tradition of closing our centers on Thanksgiving,” said Stephen Lebo...

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