Press Release Archives - CBL Properties

CBL Properties Announces Confirmation of Its Plan of Reorganization

p1x13-4dm1n — Wed, 11 Aug 2021 22:01:09 +0000

CBL’s Plan Received Over 95% Support From All Voting Constituencies CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (OTCMKTS: CBLAQ) today announced that on August 11, 2021, the United States Bankruptcy Court for the Southern District of Texas entered an order approving the Company’s Plan of Reorganization (the “Plan”). As previously announced, on November 1, 2020, CBL filed […]

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CBL Properties and Vision Hospitality Group Celebrate the Opening of Aloft by Marriott Hotel at Hamilton Place in Chattanooga, Tennessee

p1x13-4dm1n — Mon, 28 Jun 2021 22:03:17 +0000

CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (OTCMKTS:CBLAQ) and partner Vision Hospitality Group, Inc. celebrated the grand opening of Aloft by Marriott hotel as part of the Hamilton Place Sears redevelopment project. The 135-room hotel features a one-of-a-kind rooftop bar with sweeping views of the surrounding landscape, a pool, and local favorite Mean Mug Coffeehouse on the […]

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CBL Properties Announces Promotions

p1x13-4dm1n — Wed, 19 May 2021 22:04:42 +0000

CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (OTCMKTS:CBLAQ) today announced the promotions of Jennifer Cope to Senior Vice President – Operations Services and Joseph Khalili to Senior Vice President – Financial Operations. “Throughout their careers at CBL, Jennifer and Joseph have met challenges head-on, taking on additional responsibilities, and leading important projects that have modernized CBL’s financial […]

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CBL Properties Reports Results for First Quarter 2021

p1x13-4dm1n — Tue, 18 May 2021 20:15:03 +0000

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (OTCMKTS: CBLAQ) announced results for the first quarter ended March 31, 2021. 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.

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CBL Properties Launches “We Are Local” Campaign Highlighting Strong Connection with Its Communities

p1x13-4dm1n — Wed, 31 Mar 2021 20:19:33 +0000

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–CBL Properties (OTCMKTS:CBLAQ) today announced the launch of a new campaign highlighting the local impact of its shopping centers in their communities. Across its portfolio, CBL is home to more than 1,300 locally owned businesses. “Customers don’t always realize that when they visit their hometown mall, they are supporting local businesses,” said Stephen […]

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CBL Properties Announces Agreement With Credit Facility Lenders and Unsecured Noteholders Paving the Way for a Fully Consensual and Comprehensive Restructuring

p1x13-4dm1n — Mon, 22 Mar 2021 20:20:52 +0000

Amended Restructuring Support Agreement Provides for Over $1.6 billion of Deleveraging With Over 88% of Voting Bank Lenders and 64% of Voting Noteholders Approval Already In-Hand CHATTANOOGA, Tenn.–(BUSINESS WIRE)– CBL Properties (OTCMKTS: CBLAQ) today announced that the Company has entered into an amended and restated Restructuring Support Agreement (the “Amended RSA”) with its credit facility […]

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