CBL Properties refinances $634 million loan with two new deals
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CBL Properties Announces Over $600 Million in Landmark Financing Transactions
March 13, 2026 4:15 PM EDTRefinancing of Secured Term Loan Expected to Drive More than $30 Million Improvement in Free Cash Flow
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE: CBL) today announced that it has successfully refinanced its existing $634 million term loan through two complementary transactions. Today, CBL closed on a $425 million non-recourse financing secured by a pool of primarily mall properties. In addition, CBL anticipates closing shortly on a $176 million floating-rate bank loan primarily secured by a pool of strong open-air lifestyle centers. The new $425 million financing represents the... More
