Sec Form 13D Filing - Strategic Value Partners LLC filing for CBL & ASSOCIATES PROPERTIES INC (CBL) - 2024-09-04

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

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 30, 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

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

 7

SOLE VOTING POWER

 

0

8

SHARED VOTING POWER

 

2,394,381

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

2,394,381

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,394,381

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

7.6%

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

 

2,394,381

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

2,394,381

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,394,381

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

7.6%

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

 

431,411

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

431,411

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

431,411

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)

 

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

 

302,680

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

302,680

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

302,680

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

1.0%

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

 

102,640

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

102,640

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

102,640

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.3%

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

 

35,947

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

35,947

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

35,947

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

 

95,052

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

95,052

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

95,052

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.3%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 

 

 

 

CUSIP No. 124830 878

 

1

NAME OF REPORTING PERSON

 

Strategic Value Opport unities 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

 

95,052

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

95,052

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

95,052

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.3%

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

 

554,421

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

554,421

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

554,421

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

1.8%

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

 

217,976

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

217,976

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

217,976

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 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

 

772,397

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

772,397

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

772,397

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

2.5%

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

 

627,699

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

627,699

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

627,699

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

2.0%

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

 

362,947

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

362,947

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

362,947

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

1.2%

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

 

1,000,502

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

1,000,502

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,000,502

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

3.2%

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

 

95,019

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

95,019

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

95,019

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.3%

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

 

95,019

9

SOLE DISPOSITIVE POWER

 

0

10

SHARED DISPOSITIVE POWER

 

95,019

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

95,019

12

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

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

 

0.3%

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

OO

 

 

 

 

Amendment No. 2 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 (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 August 26, 2024 (the date of the filing of Amendment No. 1 to the Schedule 13D).

 

 

 

 

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:September 4, 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.   08/27/2024    Sale    14,561   $27.04 
Strategic Value Sullivan Offshore Fund, L.P.   08/27/2024    Sale    1,255   $27.04 
Strategic Value Capital Solutions Fund L.P.   08/27/2024    Sale    4,938   $27.04 
Strategic Value Special Situations Fund IV, L.P.   08/27/2024    Sale    10,486   $27.04 
S trategic Value Special Situations Offshore Fund IV, L.P.   08/27/2024    Sale    26,671   $27.04 
Strategic Value Special Situations Fund V, L.P.   08/27/2024    Sale    17,460   $27.04 
Strategic Value Special Situations Offshore Fund V, L.P.   08/27/2024    Sale    30,196   $27.04 
Strategic Value Sullivan Offshore Fund L.P.   08/27/2024    Sale    474   $27.04 
Strategic Value Excelsior Fund L.P.   08/27/2024    Sale    4,571   $27.04 
Strategic Value Opportunities Fund, L.P.   08/27/2024    Sale    4,572   $27.04 
Strategic Value Capital Solutions Offshore Fund L.P.   08/28/2024    Sale    8,521   $26.62 
Strategic Value Sullivan Offshore Fund, L.P.   08/28/2024    Sale    735   $26.62 
Strategic Value Capital Solutions Fund L.P.   08/28/2024    Sale    2,890   $26.62 
Strategic Value Special Situations Fund IV, L.P.   08/28/2024    Sale    6,137   $26.62 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/28/2024    Sale    15,607   $26.62 
Strategic Value Special Situations Fund V, L.P.   08/28/2024    Sale    10,218   $26.62 
Strategic Value Special Situations Offshore Fund V, L.P.   08/28/2024    Sale    17,672   $26.62 
Strategic Value Sullivan Offshore Fund L.P.   08/28/2024    Sale    278   $26.62 
Strategic Value Excelsior Fund L.P.   08/28/2024    Sale    2,675   $26.62 
Strategic Value Opportunities Fund, L.P.   08/28/2024    Sale    2,676   $26.62 
Strategic Value Capital Solutions Offshore Fund L.P.   08/29/2024    Sale    7,699   $26.55 
Strategic Value Sullivan Offshore Fund, L.P.   08/29/2024    Sale    664   $26.55 
Strategic Value Capital Solutions Fund L.P.   08/29/2024    Sale    2,611   $26.55 
Strategic Value Special Situations Fund IV, L.P.   08/29/2024    Sale    5,544   $26.55 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/29/2024    Sale    14,101   $26.55 
Strategic Value Special Situations Fund V, L.P.   08/29/2024    Sale    9,232   $26.55 
Strategic Value Special Situations Offshore Fund V, L.P.   08/29/2024    Sale    15,966   $26.55 
Strategic Value Sullivan Offshore Fund L.P.   08/29/2024    Sale    251   $26.55 
Strategic Value Excelsior Fund L.P.   08/29/2024    Sale    2,417   $26.55 
Strategic Value Opportunities Fund, L.P.   08/29/2024    Sale    2,418   $26.55 
Strategic Value Capital Solutions Offshore Fund L.P.   08/30/2024    Sale    15,863   $26.42 
Strategic Value Sullivan Offshore Fund, L.P.   08/30/2024    Sale    1,367   $26.42 
Strategic Value Capital Solutions Fund L.P.   08/30/2024    Sale    5,379   $26.42 
Strategic Value Special Situations Fund IV, L.P.   08/30/2024    Sale    11,423   $26.42 
Strategic Value Special Situations Offshore Fund IV, L.P.   08/30/2024    Sale    29,054   $26.42 
Strategic Value Special Situations Fund V, L.P.   08/30/2024    Sale    19,021   $26.42 
Strategic Value Special Situations Offshore Fund V, L.P.   08/30/2024    Sale    32,897   $26.42 
Strategic Value Sullivan Offshore Fund L.P.   08/30/2024    Sale    517   $26.42 
Strategic Value Excelsior Fund L.P.   08/30/2024    Sale    4,980   $26.42 
Strategic Value Opportunities Fund, L.P.   08/30/2024    Sale    4,981   $26.42 
Strategic Value Capital Solutions Offshore Fund L.P.   09/03/2024    Sale    9,957   $26.32 
Strategic Value Sullivan Offshore Fund, L.P.   09/03/2024    Sale    858   $26.32 
Strategic Value Capital Solutions Fund L.P.   09/03/2024    Sale    3,376   $26.32 
Strategic Value Special Situations Fund IV, L.P.   09/03/2024    Sale    7,170   $26.32 
Strategic Value Special Situations Offshore Fund IV, L.P.   09/03/2024    Sale    18,238   $26.32 
Strategic Value Special Situations Fund V, L.P.   09/03/2024    Sale    11,939   $26.32 
Strategic Value Special Situations Offshore Fund V, L.P.   09/03/2024    Sale    20,649   $26.32 
Strategic Value Sullivan Offshore Fund L.P.   09/03/2024    Sale    324   $26.32 
Strategic Value Excelsior Fund L.P.   09/03/2024    Sale    3,126   $26.32 
Strategic Value Opportunities Fund, L.P.   09/03/2024    Sale    3,127   $26.32