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CBL Uses Four Texas Malls in Packaging Portfolio for Refinancing

Shopping center owner and operator CBL Properties used four Texas malls of 13 properties for collateral to secure corporate refinancing. CBL refinanced $425 million financing secured by its 13 enclose

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Summary

Shopping center owner and operator CBL Properties used four Texas malls of 13 properties for collateral to secure corporate refinancing.

CBL refinanced $425 million financing secured by its 13 enclosed malls.

While the final maturity of the original term loan was November 2027, the company said refinancing early allows it to increase its annual estimated...

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