CBL & Associates Properties enters USD 425 million non-recourse loan with Goldman Sachs Bank USA
CBL & Associates Properties, Inc. CBL | 42.68 | +0.41% |
Goldman Sachs Group, Inc. GS | 907.80 | +0.45% |
- CBL entered into a USD 425 million non-recourse loan with Goldman Sachs Bank USA, secured by a pool of primarily mall properties.
- Loan proceeds were used to retire part of the company’s existing USD 634 million secured term loan.
- Financing has a five-year term maturing in April 2031 and carries a fixed interest rate of 7.4%.
- Agreement allows prepayment without penalty during the 12 months before maturity with 30 days’ notice.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBL & Associates Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-115610), on March 19, 2026, and is solely responsible for the information contained therein.
