Amendment: SEC Form SC 13D/A filed by CBL & Associates Properties Inc.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
CBL & Associates Properties, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
124830 878
(CUSIP Number)
Gabe Brecher
Strategic Value Partners, LLC
100 West Putnam Avenue
Greenwich, CT 06830
(203) 618-3500
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
September 27, 2024
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box x.
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
Strategic Value Partners, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 | SOURCE OF FUNDS*
AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF |
7 | SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
1,541,562 |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 |
WITH: | 10 | SHARED DISPOSITIVE POWER
1,541,562 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,541,562 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.9% |
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO, IA |
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
Victor Khosla |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 | SOURCE OF FUNDS*
AF |
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America |
NUMBER OF |
7 | SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
1,541,562 |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 |
WITH: | 10 | SHARED DISPOSITIVE POWER
1,541,562 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,541,562 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.9% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
SVP Capital Solutions LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
AF |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
277,753 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
277,753 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
277,753 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.9% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
Strategic Value Capital Solutions Offshore Fund, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
WC |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
194,874 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
194,874 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
194,874 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.6% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
Strategic Value Capital Solutions Fund, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
WC |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
66,084 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
66,084 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
66,084 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
Strategic Value Sullivan Offshore Fund, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
WC |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
23,140 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
23,140 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,140 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
SVP Special Situations III-A LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
AF |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
61,196 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
61,196 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,196 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
Strategic Value Opportunities Fund, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
WC |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
61,196 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
61,196 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,196 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
Strategic Value Special Situations Offshore Fund IV, L.P. |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
WC |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
356,952 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
356,952 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
356,952 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.1% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
Strategic Value Special Situations Fund IV, L.P. |
2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
WC |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
140,337 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
140,337 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
140,337 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.5% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN |
CUSIP No. 124830 878
1 |
NAME OF REPORTING PERSON
SVP Special Situations IV LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x |
3 | SEC USE ONLY
|
4 |
SOURCE OF FUNDS*
AF |
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ |
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF |
7 |
SOLE VOTING POWER
0 |
SHARES BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
497,289 |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER
0 |
WITH: | 10 |
SHARED DISPOSITIVE POWER
497,289 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
497,289 |
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ |
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.6% |
14 |
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO |
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
Strategic Value Special Situations Offshore Fund V, L.P. | ||
2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x | ||
3 | SEC USE ONLY
| ||
4 | SOURCE OF FUNDS*
WC | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
NUMBER OF |
7 | SOLE VOTING POWER
0 | |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
404,128 | |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 | |
WITH: | 10 | SHARED DISPOSITIVE POWER
404,128 | |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
404,128 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.3% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
Strategic Value Special Situations Fund V, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x | ||
3 | SEC USE ONLY
| ||
4 | SOURCE OF FUNDS*
WC | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
NUMBER OF |
7 | SOLE VOTING POWER
0 | |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
233,675 | |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 | |
WITH: | 10 | SHARED DISPOSITIVE POWER
233,675 | |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
233,675 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.7% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
SVP Special Situations V LLC | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x | ||
3 | SEC USE ONLY
| ||
4 | SOURCE OF FUNDS*
AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware | ||
NUMBER OF |
7 | SOLE VOTING POWER
0 | |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
644,148 | |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 | |
WITH: | 10 | SHARED DISPOSITIVE POWER
644,148 | |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
644,148 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.1% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO | ||
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
Strategic Value Excelsior Fund, L.P. | ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x | ||
3 | SEC USE ONLY
| ||
4 | SOURCE OF FUNDS*
AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands | ||
NUMBER OF |
7 | SOLE VOTING POWER
0 | |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
61,176 | |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 | |
WITH: | 10 | SHARED DISPOSITIVE POWER
61,176 | |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,176 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN | ||
CUSIP No. 124830 878
1 | NAME OF REPORTING PERSON
SVP Excelsior Management LLC | ||
2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨ (b) x | ||
3 | SEC USE ONLY
| ||
4 | SOURCE OF FUNDS*
AF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
¨ | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware | ||
NUMBER OF |
7 | SOLE VOTING POWER
0 | |
SHARES BENEFICIALLY OWNED BY |
8 | SHARED VOTING POWER
61,176 | |
EACH REPORTING PERSON |
9 | SOLE DISPOSITIVE POWER
0 | |
WITH: | 10 | SHARED DISPOSITIVE POWER
61,176 | |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,176 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ | ||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2% | ||
14 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO | ||
Amendment No. 4 to Schedule 13D
Reference is hereby made to the statement on Schedule 13D filed with the Securities and Exchange Commission on behalf of the Reporting Persons with respect to the Common Stock of CBL & Associates Properties, Inc. (the “Issuer”) on September 1, 2022, as amended by Amendment No. 1 thereto filed on August 26, 2024, Amendment No. 2 thereto filed on September 4, 2024 and Amendment No. 3 thereto filed on September 20, 2024 (the “Schedule 13D”). Terms defined in the Schedule 13D are used herein as so defined.
Item 5. | Interest in Securities of the Issuer. |
Item 5 of the Schedule 13D is amended and supplemented as follows:
(a) — (b) The information requested by these subsections is incorporated herein by reference to the information provided on the cover pages to this Schedule 13D. All percentages set forth herein are based on 31,466,806 shares of Common Stock of the Issuer outstanding as of August 7, 2024, as reported in the Issuer’s Form 10-Q filed with the SEC on August 9, 2024.
(c) Except as set forth on Schedule A, no Reporting Person has effected any transaction in shares of Common Stock since September 20, 2024 (the date of the filing of Amendment No. 3 to the Schedule 13D).
(e) On October 1, 2024, the Reporting Persons ceased to be beneficial owners of 5% or more of the outstanding Common Stock of the Issuer. Accordingly, this Amendment No. 4 constitutes an exit filing for each of the Reporting Persons.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: | October 1, 2024 | ||
STRATEGIC VALUE PARTNERS, LLC | |||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
/s/ Victor Khosla | |||
Victor Khosla | |||
SVP CAPITAL SOLUTIONS LLC (FKA SVP DISLOCATION LLC) | |||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
STRATEGIC VALUE CAPITAL SOLUTIONS OFFSHORE FUND, L.P. | |||
By: | SVP Capital Solutions LLC (fka SVP Dislocation LLC) , its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
STRATEGIC VALUE CAPITAL SOLUTIONS FUND, L.P. | |||
By: | SVP Capital Solutions LLC (fka SVP Dislocation LLC) , its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer |
STRATEGIC VALUE SULLIVAN OFFSHORE FUND, L.P. | |||
By: | SVP Capital Solutions LLC (fka SVP Dislocation LLC) , its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer |
STRATEGIC VALUE SULLIVAN OFFSHORE FUND, L.P. | |||
By: | SVP Special Situations V LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
STRATEGIC VALUE OPPORTUNITIES FUND, L.P. | |||
By: | SVP Special Situations III-A LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS III-A LLC | |||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
STRATEGIC VALUE SPECIAL SITUATIONS OFFSHORE FUND IV, L.P. | |||
By: | SVP Special Situations IV LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer |
STRATEGIC VALUE SPECIAL SITUATIONS FUND IV, L.P. | |||
By: | SVP Special Situations IV LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS IV LLC | |||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer |
STRATEGIC VALUE SPECIAL SITUATIONS OFFSHORE FUND V, L.P. | |||
By: | SVP Special Situations V LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
STRATEGIC VALUE SPECIAL SITUATIONS FUND V, L.P. | |||
By: | SVP Special Situations V LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS V LLC | |||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
STRATEGIC VALUE EXCELSIOR FUND, L.P. | |||
By: | SVP Excelsior Management LLC, its investment manager | ||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer | ||
SVP EXCELSIOR MANAGEMENT LLC | |||
By: | /s/ Lewis Schwartz | ||
Name: | Lewis Schwartz | ||
Title: | Chief Financial Officer |
Schedule A
Fund | Date | Transaction | Number
of shares |
Price |
Strategic Value Capital Solutions Offshore Fund L.P. | 9/20/2024 | Sale | 75 | $25.10 |
Strategic Value Sullivan Offshore Fund, L.P. | 9/20/2024 | Sale | 7 | $25.10 |
Strategic Value Capital Solutions Fund L.P. | 9/20/2024 | Sale | 26 | $25.10 |
Strategic Value Special Situations Fund IV, L.P. | 9/20/2024 | Sale | 55 | $25.10 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 9/20/2024 | Sale | 139 | $25.10 |
Strategic Value Special Situations Fund V, L.P. | 9/20/2024 | Sale | 91 | $25.10 |
Strategic Value Special Situations Offshore Fund V, L.P. | 9/20/2024 | Sale | 157 | $25.10 |
Strategic Value Sullivan Offshore Fund L.P. | 9/20/2024 | Sale | 2 | $25.10 |
Strategic Value Excelsior Fund L.P. | 9/20/2024 | Sale | 24 | $25.10 |
Strategic Value Opportunities Fund, L.P. | 9/20/2024 | Sale | 24 | $25.10 |
Strategic Value Capital Solutions Offshore Fund L.P. | 9/24/2024 | Sale | 7,652 | $25.25 |
Strategic Value Sullivan Offshore Fund, L.P. | 9/24/2024 | Sale | 660 | $25.25 |
Strategic Value Capital Solutions Fund L.P. | 9/24/2024 | Sale | 2,595 | $25.25 |
Strategic Value Special Situations Fund IV, L.P. | 9/24/2024 | Sale | 5,511 | $25.25 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 9/24/2024 | Sale | 14,017 | $25.25 |
Strategic Value Special Situations Fund V, L.P. | 9/24/2024 | Sale | 9,176 | $25.25 |
Strategic Value Special Situations Offshore Fund V, L.P. | 9/24/2024 | Sale | 15,870 | $25.25 |
Strategic Value Sullivan Offshore Fund L.P. | 9/24/2024 | Sale | 249 | $25.25 |
Strategic Value Excelsior Fund L.P. | 9/24/2024 | Sale | 2,402 | $25.25 |
Strategic Value Opportunities Fund, L.P. | 9/24/2024 | Sale | 2,403 | $25.25 |
Strategic Value Capital Solutions Offshore Fund L.P. | 9/25/2024 | Sale | 3,309 | $25.26 |
Strategic Value Sullivan Offshore Fund, L.P. | 9/25/2024 | Sale | 285 | $25.26 |
Strategic Value Capital Solutions Fund L.P. | 9/25/2024 | Sale | 1,122 | $25.26 |
Strategic Value Special Situations Fund IV, L.P. | 9/25/2024 | Sale | 2,383 | $25.26 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 9/25/2024 | Sale | 6,060 | $25.26 |
Strategic Value Special Situations Fund V, L.P. | 9/25/2024 | Sale | 3,967 | $25.26 |
Strategic Value Special Situations Offshore Fund V, L.P. | 9/25/2024 | Sale | 6,861 | $25.26 |
Strategic Value Sullivan Offshore Fund L.P. | 9/25/2024 | Sale | 108 | $25.26 |
Strategic Value Excelsior Fund L.P. | 9/25/2024 | Sale | 1,039 | $25.26 |
Strategic Value Opportunities Fund, L.P. | 9/25/2024 | Sale | 1,039 | $25.26 |
Strategic Value Capital Solutions Offshore Fund L.P. | 9/26/2024 | Sale | 8,511 | $25.15 |
Strategic Value Sullivan Offshore Fund, L.P. | 9/26/2024 | Sale | 734 | $25.15 |
Strategic Value Capital Solutions Fund L.P. | 9/26/2024 | Sale | 2,886 | $25.15 |
Strategic Value Special Situations Fund IV, L.P. | 9/26/2024 | Sale | 6,130 | $25.15 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 9/26/2024 | Sale | 15,590 | $25.15 |
Strategic Value Special Situations Fund V, L.P. | 9/26/2024 | Sale | 10,206 | $25.15 |
Strategic Value Special Situations Offshore Fund V, L.P. | 9/26/2024 | Sale | 17,652 | $25.15 |
Strategic Value Sullivan Offshore Fund L.P. | 9/26/2024 | Sale | 277 | $25.15 |
Strategic Value Excelsior Fund L.P. | 9/26/2024 | Sale | 2,672 | $25.15 |
Strategic Value Opportunities Fund, L.P. | 9/26/2024 | Sale | 2,673 | $25.15 |
Strategic Value Capital Solutions Offshore Fund L.P. | 9/27/2024 | Sale | 22,387 | $25.27 |
Strategic Value Sullivan Offshore Fund, L.P. | 9/27/2024 | Sale | 1,930 | $25.27 |
Strategic Value Capital Solutions Fund L.P. | 9/27/2024 | Sale | 7,591 | $25.27 |
Strategic Value Special Situations Fund IV, L.P. | 9/27/2024 | Sale | 16,122 | $25.27 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 9/27/2024 | Sale | 41,005 | $25.27 |
Strategic Value Special Situations Fund V, L.P. | 9/27/2024 | Sale | 26,844 | $25.27 |
Strategic Value Special Situations Offshore Fund V, L.P. | 9/27/2024 | Sale | 46,424 | $25.27 |
Strategic Value Sullivan Offshore Fund L.P. | 9/27/2024 | Sale | 729 | $25.27 |
Strategic Value Excelsior Fund L.P. | 9/27/2024 | Sale | 7,028 | $25.27 |
Strategic Value Opportunities Fund, L.P. | 9/27/2024 | Sale | 7,030 | $25.27 |
Strategic Value Capital Solutions Offshore Fund L.P. | 9/30/2024 | Sale | 8,961 | $25.24 |
Strategic Value Sullivan Offshore Fund, L.P. | 9/30/2024 | Sale | 772 | $25.24 |
Strategic Value Capital Solutions Fund L.P. | 9/30/2024 | Sale | 3,038 | $25.24 |
Strategic Value Special Situations Fund IV, L.P. | 9/30/2024 | Sale | 6,453 | $25.24 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 9/30/2024 | Sale | 16,412 | $25.24 |
Strategic Value Special Situations Fund V, L.P. | 9/30/2024 | Sale | 10,744 | $25.24 |
Strategic Value Special Situations Offshore Fund V, L.P. | 9/30/2024 | Sale | 18,582 | $25.24 |
Strategic Value Sullivan Offshore Fund L.P. | 9/30/2024 | Sale | 292 | $25.24 |
Strategic Value Excelsior Fund L.P. | 9/30/2024 | Sale | 2,813 | $25.24 |
Strategic Value Opportunities Fund, L.P. | 9/30/2024 | Sale | 2,814 | $25.24 |
Strategic Value Capital Solutions Offshore Fund L.P. | 10/1/2024 | Sale | 5,368 | $25.24 |
Strategic Value Sullivan Offshore Fund, L.P. | 10/1/2024 | Sale | 463 | $25.24 |
Strategic Value Capital Solutions Fund L.P. | 10/1/2024 | Sale | 1,820 | $25.24 |
Strategic Value Special Situations Fund IV, L.P. | 10/1/2024 | Sale | 3,866 | $25.24 |
Strategic Value Special Situations Offshore Fund IV, L.P. | 10/1/2024 | Sale | 9,833 | $25.24 |
Strategic Value Special Situations Fund V, L.P. | 10/1/2024 | Sale | 6,437 | $25.24 |
Strategic Value Special Situations Offshore Fund V, L.P. | 10/1/2024 | Sale | 11,132 | $25.24 |
Strategic Value Sullivan Offshore Fund L.P. | 10/1/2024 | Sale | 175 | $25.24 |
Strategic Value Excelsior Fund L.P. | 10/1/2024 | Sale | 1,685 | $25.24 |
Strategic Value Opportunities Fund, L.P. | 10/1/2024 | Sale | 1,686 | $25.24 |