0001104659-23-103255.txt : 20230922 0001104659-23-103255.hdr.sgml : 20230922 20230922181101 ACCESSION NUMBER: 0001104659-23-103255 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230920 FILED AS OF DATE: 20230922 DATE AS OF CHANGE: 20230922 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CANYON CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0001074034 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231272699 BUSINESS ADDRESS: STREET 1: 2728 NORTH HARWOOD STREET, 2ND FLOOR CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 3102721000 MAIL ADDRESS: STREET 1: 2728 NORTH HARWOOD STREET, 2ND FLOOR CITY: DALLAS STATE: TX ZIP: 75201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Friedman Joshua S CENTRAL INDEX KEY: 0001766767 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231272697 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 11 FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Julis Mitchell R CENTRAL INDEX KEY: 0001766581 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231272698 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 11TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CBL & ASSOCIATES PROPERTIES INC CENTRAL INDEX KEY: 0000910612 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621545718 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2030 HAMILTON PLACE BVLD, SUITE 500 STREET 2: CBL CENTER CITY: CHATTANOOGA STATE: TN ZIP: 37421 BUSINESS PHONE: 4238550001 MAIL ADDRESS: STREET 1: 2030 HAMILTON PLACE BVLD, SUITE 500 STREET 2: CBL CENTER CITY: CHATTANOOGA STATE: TN ZIP: 37421 4 1 tm2326718-1_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2023-09-20 0 0000910612 CBL & ASSOCIATES PROPERTIES INC CBL 0001074034 CANYON CAPITAL ADVISORS LLC 2728 NORTH HARWOOD STREET, 2ND FLOOR DALLAS TX 75201 0 0 0 1 Member of 10% owner group 0001766581 Julis Mitchell R 2728 NORTH HARWOOD STREET, 2ND FLOOR DALLAS TX 75201 0 0 0 1 Member of 10% owner group 0001766767 Friedman Joshua S 2728 NORTH HARWOOD STREET, 2ND FLOOR DALLAS TX 75201 0 0 0 1 Member of 10% owner group 0 Common Stock 2023-09-20 4 J 0 70001 A 8466294 I See footnotes This Form 4 is being filed jointly by Canyon Capital Advisors LLC, a Delaware limited liability company ("CCA"), Mitchell R. Julis, a citizen of the United States of America, and Joshua S. Friedman, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities"). The business address of each of the Reporting Persons is 2728 North Harwood Street, 2nd Floor, Dallas, Texas 75201. CCA, as the investment advisor to certain managed funds and accounts that directly hold the Subject Securities, including Canyon-ASP Fund, L.P., Canyon Balanced Master Fund, Ltd., Canyon Distressed Opportunity Master Fund III, L.P., Canyon ESG Credit Master Fund, L.P., Canyon Distressed TX (A) LLC, Canyon Distressed TX (B) LLC, The Canyon Value Realization Master Fund, L.P., Canyon-EDOF (Master) L.P., Canyon NZ-DOF Investing, L.P., EP Canyon Ltd. and Canyon Value Realization Fund, L.P. (collectively, the "Accounts"), may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934. Mitchell R. Julis and Joshua S. Friedman, as persons who manage CCA and control the entities which own 100% of CCA, may each be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims beneficial ownership of the Subject Securities except to the extent of any pecuniary interest therein. On September 20, 2023, the Reporting Persons received 70,001 shares of the Issuer's common stock pursuant to the provisions of the Third Amended Joint Chapter 11 Plan of CBL & Associates Properties, Inc. and its Affiliated Debtors (With Technical Modifications) (the "Plan"), which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on August 11, 2021. The Reporting Persons' right to receive additional shares became fixed and irrevocable on August 11, 2021, the effective date of the Plan. Canyon Capital Advisors LLC, By: /s/ Doug Anderson, Chief Compliance Officer 2023-09-22 /s/ Mitchell R. Julis 2023-09-22 /s/ Joshua S. Friedman 2023-09-22