SC 13D/A 1 tm2422744d1_sc13da.htm SC 13D/A

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

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)

 

August 26, 2022

(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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

2,842,123

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

2,842,123

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,842,123

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

9.0%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

2,842,123

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

2,842,123

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,842,123

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

9.0%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

512,085

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

512,085

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

512,085

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 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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

359,281

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

359,281

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

359,281

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 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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

121,834

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

121,834

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

121,834

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.4%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

42,670

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

42,670

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

42,670

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

112,826

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

112,826

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

112,826

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.4%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

112,826

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

112,826

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

112,826

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.4%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

658,092

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

658,092

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

658,092

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)

 

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

258,736

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

258,736

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

258,736

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.8%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

916,828

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

916,828

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

916,828

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

2.9%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

745,079

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

745,079

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

745,079

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

2.4%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

430,817

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

430,817

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

430,817

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

1.4%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

1,187,596

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

1,187,596

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,187,596

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

3.8%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

112,788

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

112,788

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

112,788

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.4%

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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

112,788

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

112,788

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

112,788

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

 ¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.4%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 

 

 

 

Amendment No. 1 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 (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 during the sixty (60) days preceding the date of this statement.

 

 

 

 

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:  August 26, 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.   07/25/2024    Sale    2,492   $25.85 
Strategic Value Capital Solutions Fund LP   07/25/2024    Sale    845   $25.85 
Strategic Value Sullivan Offshore Fund, L.P.   07/25/2024    Sale    215   $25.85 
Strategic Value Special Situations Fund IV, L.P.   07/25/2024    Sale    1,794   $25.85 
Strategic Value Special Situations Offshore Fund IV, L.P.   07/25/2024    Sale    4,564   $25.85 
Strategic Value Special Situations Fund V, L.P.   07/25/2024    Sale    2,988   $25.85 
Strategic Value Special Situations Offshore Fund V, L.P.   07/25/2024    Sale    5,167   $25.85 
Strategic Value Sullivan Offshore Fund L.P.   07/25/2024    Sale    81   $25.85 
Strategic Value Excelsior Fund L.P.   07/25/2024    Sale    782   $25.85 
Strategic Value Opportunities Fund, L.P.   07/25/2024    Sale    782   $25.85 
Strategic Value Capital Solutions Offshore Fund L.P.   07/29/2024    Sale    5,120   $26.03 
Strategic Value Sullivan Offshore Fund, L.P.   07/29/2024    Sale    441   $26.03 
Strategic Value Capital Solutions Fund L.P.   07/29/2024    Sale    1,736   $26.03 
Strategic Value Special Situations Fund IV, L.P.   07/29/2024    Sale    3,687   $26.03 
Strategic Value Special Situations Offshore Fund IV, L.P.   07/29/2024    Sale    9,378   $26.03 
Strategic Value Special Situations Fund V, L.P.   07/29/2024    Sale    6,140   $26.03 
Strategic Value Special Situations Offshore Fund V, L.P.   07/29/2024    Sale    10,619   $26.03 
Strategic Value Sullivan Offshore Fund L.P.   07/29/2024    Sale    167   $26.03 
Strategic Value Excelsior Fund L.P.   07/29/2024    Sale    1,607   $26.03 
Strategic Value Opportunities Fund, L.P.   07/29/2024    Sale    1,608   $26.03 
Strategic Value Capital Solutions Offshore Fund L.P.   07/30/2024    Sale    6,699   $25.96 
Strategic Value Sullivan Offshore Fund, L.P.   07/30/2024    Sale    578   $25.96 
Strategic Value Capital Solutions Fund L.P.   07/30/2024    Sale    2,272   $25.96 
Strategic Value Special Situations Fund IV, L.P.   07/30/2024    Sale    4,825   $25.96 
Strategic Value Special Situations Offshore Fund IV, L.P.   07/30/2024    Sale    12,272   $25.96 
Strategic Value Special Situations Fund V, L.P.   07/30/2024    Sale    8,034   $25.96 
Strategic Value Special Situations Offshore Fund V, L.P.   07/30/2024    Sale    13,894   $25.96 
Strategic Value Sullivan Offshore Fund L.P.   07/30/2024    Sale    219   $25.96 
Strategic Value Excelsior Fund L.P.   07/30/2024    Sale    2,103   $25.96 
Strategic Value Opportunities Fund, L.P.   07/30/2024    Sale    2,104   $25.96 
Strategic Value Capital Solutions Offshore Fund L.P.   07/31/2024    Sale    5,368   $26.03 
Strategic Value Sullivan Offshore Fund, L.P.   07/31/2024    Sale    463   $26.03 
Strategic Value Capital Solutions Fund L.P.   07/31/2024    Sale    1,821   $26.03 
Strategic Value Special Situations Fund IV, L.P.   07/31/2024    Sale    3,867   $26.03 
Strategic Value Special Situations Offshore Fund IV, L.P.   07/31/2024    Sale    9,834   $26.03 
Strategic Value Special Situations Fund V, L.P.   07/31/2024    Sale    6,438   $26.03 
Strategic Value Special Situations Offshore Fund V, L.P.   07/31/2024    Sale    11,135   $26.03 
Strategic Value Sullivan Offshore Fund L.P.   07/31/2024    Sale    175   $26.03 
Strategic Value Excelsior Fund L.P.   07/31/2024    Sale    1,685   $26.03 
Strategic Value Opportunities Fund, L.P.   07/31/2024    Sale    1,686   $26.03 
Strategic Value Capital Solutions Offshore Fund L.P.   08/13/2024    Sale    1,361   $25.91 
Strategic Value Sullivan Offshore Fund, L.P.   08/13/2024    Sale    117   $25.91 
Strategic Value Capital Solutions Fund L.P.   08/13/2024    Sale    461   $25.91 
Strategic Value Special Situations Fund IV, L.P.   08/13/2024    Sale    980   $25.91 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/13/2024    Sale    2,492   $25.91 
Strategic Value Special Situations Fund V, L.P.   08/13/2024    Sale    1,632   $25.91 
Strategic Value Special Situations Offshore Fund V, L.P.   08/13/2024    Sale    2,823   $25.91 
Strategic Value Sullivan Offshore Fund L.P.   08/13/2024    Sale    44   $25.91 
Strategic Value Excelsior Fund L.P.   08/13/2024    Sale    427   $25.91 
Strategic Value Opportunities Fund, L.P.   08/13/2024    Sale    427   $25.91 
Strategic Value Capital Solutions Offshore Fund L.P.   08/14/2024    Sale    479   $25.86 
Strategic Value Sullivan Offshore Fund, L.P.   08/14/2024    Sale    41   $25.86 
Strategic Value Capital Solutions Fund L.P.   08/14/2024    Sale    162   $25.86 
Strategic Value Special Situations Fund IV, L.P.   08/14/2024    Sale    345   $25.86 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/14/2024    Sale    876   $25.86 

 

 

 

 

Strategic Value Special Situations Fund V, L.P.   08/14/2024    Sale    574   $25.86 
Strategic Value Special Situations Offshore Fund V, L.P.   08/14/2024    Sale    993   $25.86 
Strategic Value Sullivan Offshore Fund L.P.   08/14/2024    Sale    16   $25.86 
Strategic Value Excelsior Fund L.P.   08/14/2024    Sale    150   $25.86 
Strategic Value Opportunities Fund, L.P.   08/14/2024    Sale    150   $25.86 
Strategic Value Capital Solutions Offshore Fund L.P.   08/15/2024    Sale    1,437   $25.89 
Strategic Value Sullivan Offshore Fund, L.P.   08/15/2024    Sale    124   $25.89 
Strategic Value Capital Solutions Fund L.P.   08/15/2024    Sale    487   $25.89 
Strategic Value Special Situations Fund IV, L.P.   08/15/2024    Sale    1,035   $25.89 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/15/2024    Sale    2,631   $25.89 
Strategic Value Special Situations Fund V, L.P.   08/15/2024    Sale    1,723   $25.89 
Strategic Value Special Situations Offshore Fund V, L.P.   08/15/2024    Sale    2,979   $25.89 
Strategic Value Sullivan Offshore Fund L.P.   08/15/2024    Sale    47   $25.89 
Strategic Value Excelsior Fund L.P.   08/15/2024    Sale    451   $25.89 
Strategic Value Opportunities Fund, L.P.   08/15/2024    Sale    451   $25.89 
Strategic Value Capital Solutions Offshore Fund L.P.   08/16/2024    Sale    3,712   $25.89 
Strategic Value Sullivan Offshore Fund, L.P.   08/16/2024    Sale    320   $25.89 
Strategic Value Capital Solutions Fund L.P.   08/16/2024    Sale    1,259   $25.89 
Strategic Value Special Situations Fund IV, L.P.   08/16/2024    Sale    2,673   $25.89 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/16/2024    Sale    6,798   $25.89 
Strategic Value Special Situations Fund V, L.P.   08/16/2024    Sale    4,451   $25.89 
Strategic Value Special Situations Offshore Fund V, L.P.   08/16/2024    Sale    7,697   $25.89 
Strategic Value Sullivan Offshore Fund L.P.   08/16/2024    Sale    121   $25.89 
Strategic Value Excelsior Fund L.P.   08/16/2024    Sale    1,165   $25.89 
Strategic Value Opportunities Fund, L.P.   08/16/2024    Sale    1,166   $25.89 
Strategic Value Capital Solutions Offshore Fund L.P.   08/19/2024    Sale    3,160   $25.94 
Strategic Value Sullivan Offshore Fund, L.P.   08/19/2024    Sale    272   $25.94 
Strategic Value Capital Solutions Fund L.P.   08/19/2024    Sale    1,072   $25.94 
Strategic Value Special Situations Fund IV, L.P.   08/19/2024    Sale    2,276   $25.94 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/19/2024    Sale    5,789   $25.94 
Strategic Value Special Situations Fund V, L.P.   08/19/2024    Sale    3,790   $25.94 
Strategic Value Special Situations Offshore Fund V, L.P.   08/19/2024    Sale    6,554   $25.94 
Strategic Value Sullivan Offshore Fund L.P.   08/19/2024    Sale    103   $25.94 
Strategic Value Excelsior Fund L.P.   08/19/2024    Sale    992   $25.94 
Strategic Value Opportunities Fund, L.P.   08/19/2024    Sale    992   $25.94 
Strategic Value Capital Solutions Offshore Fund L.P.   08/20/2024    Sale    1,438   $25.83 
Strategic Value Sullivan Offshore Fund, L.P.   08/20/2024    Sale    124   $25.83 
Strategic Value Capital Solutions Fund L.P.   08/20/2024    Sale    487   $25.83 
Strategic Value Special Situations Fund IV, L.P.   08/20/2024    Sale    1,035   $25.83 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/20/2024    Sale    2,632   $25.83 
Strategic Value Special Situations Fund V, L.P.   08/20/2024    Sale    1,723   $25.83 
Strategic Value Special Situations Offshore Fund V, L.P.   08/20/2024    Sale    2,980   $25.83 
Strategic Value Sullivan Offshore Fund L.P.   08/20/2024    Sale    47   $25.83 
Strategic Value Excelsior Fund L.P.   08/20/2024    Sale    451   $25.83 
Strategic Value Opportunities Fund, L.P.   08/20/2024    Sale    451   $25.83 
Strategic Value Capital Solutions Offshore Fund L.P.   08/21/2024    Sale    3,160   $26.04 
Strategic Value Sullivan Offshore Fund, L.P.   08/21/2024    Sale    272   $26.04 
Strategic Value Capital Solutions Fund L.P.   08/21/2024    Sale    1,072   $26.04 
Strategic Value Special Situations Fund IV, L.P.   08/21/2024    Sale    2,276   $26.04 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/21/2024    Sale    5,789   $26.04 
Strategic Value Special Situations Fund V, L.P.   08/21/2024    Sale    3,790   $26.04 
Strategic Value Special Situations Offshore Fund V, L.P.   08/21/2024    Sale    6,554   $26.04 
Strategic Value Sullivan Offshore Fund L.P.   08/21/2024    Sale    103   $26.04 
Strategic Value Excelsior Fund L.P.   08/21/2024    Sale    992   $26.04 
Strategic Value Opportunities Fund, L.P.   08/21/2024    Sale    992   $26.04 
Strategic Value Capital Solutions Offshore Fund L.P.   08/22/2024    Sale    1,897   $26.06 
Strategic Value Sullivan Offshore Fund, L.P.   08/22/2024    Sale    163   $26.06 
Strategic Value Capital Solutions Fund L.P.   08/22/2024    Sale    643   $26.06 
Strategic Value Special Situations Fund IV, L.P.   08/22/2024    Sale    1,366   $26.06 

 

 

 

 

Strategic Value Special Situations Offshore Fund IV, L.P.   08/22/2024    Sale    3,473   $26.06 
Strategic Value Special Situations Fund V, L.P.   08/22/2024    Sale    2,274   $26.06 
Strategic Value Special Situations Offshore Fund V, L.P.   08/22/2024    Sale    3,932   $26.06 
Strategic Value Sullivan Offshore Fund L.P.   08/22/2024    Sale    62   $26.06 
Strategic Value Excelsior Fund L.P.   08/22/2024    Sale    595   $26.06 
Strategic Value Opportunities Fund, L.P.   08/22/2024    Sale    595   $26.06 
Strategic Value Capital Solutions Offshore Fund L.P.   08/23/2024    Sale    3,792   $26.95 
Strategic Value Sullivan Offshore Fund, L.P.   08/23/2024    Sale    327   $26.95 
Strategic Value Capital Solutions Fund L.P.   08/23/2024    Sale    1,286   $26.95 
Strategic Value Special Situations Fund IV, L.P.   08/23/2024    Sale    2,731   $26.95 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/23/2024    Sale    6,947   $26.95 
Strategic Value Special Situations Fund V, L.P.   08/23/2024    Sale    4,547   $26.95 
Strategic Value Special Situations Offshore Fund V, L.P.   08/23/2024    Sale    7,864   $26.95 
Strategic Value Sullivan Offshore Fund L.P.   08/23/2024    Sale    124   $26.95 
Strategic Value Excelsior Fund L.P.   08/23/2024    Sale    1,191   $26.95 
Strategic Value Opportunities Fund, L.P.   08/23/2024    Sale    1,191   $26.95 
Strategic Value Capital Solutions Offshore Fund L.P.   08/26/2024    Sale    7,129   $27.02 
Strategic Value Sullivan Offshore Fund, L.P.   08/26/2024    Sale    614   $27.02 
Strategic Value Capital Solutions Fund L.P.   08/26/2024    Sale    2,417   $27.02 
Strategic Value Special Situations Fund IV, L.P.   08/26/2024    Sale    5,134   $27.02 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/26/2024    Sale    13,058   $27.02 
Strategic Value Special Situations Fund V, L.P.   08/26/2024    Sale    8,548   $27.02 
Strategic Value Special Situations Offshore Fund V, L.P.   08/26/2024    Sale    14,784   $27.02 
Strategic Value Sullivan Offshore Fund L.P.   08/26/2024    Sale    232   $27.02 
Strategic Value Excelsior Fund L.P.   08/26/2024    Sale    2,238   $27.02 
Strategic Value Opportunities Fund, L.P.   08/26/2024    Sale    2,239   $27.02