4//SEC Filing
CANYON CAPITAL ADVISORS LLC 4
Accession 0001104659-23-103255
CIK 0000910612other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 6:11 PM ET
Size
10.3 KB
Accession
0001104659-23-103255
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
2023-09-20+70,001→ 8,466,294 total(indirect: See footnotes)
Friedman Joshua S
Other
Transactions
- Other
Common Stock
2023-09-20+70,001→ 8,466,294 total(indirect: See footnotes)
Julis Mitchell R
Other
Transactions
- Other
Common Stock
2023-09-20+70,001→ 8,466,294 total(indirect: See footnotes)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
Documents
Issuer
CBL & ASSOCIATES PROPERTIES INC
CIK 0000910612
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001074034
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 6:11 PM ET
- Size
- 10.3 KB