Canyon Partners Amends CBL & Associates Properties Stake
Ticker: CBL · Form: SC 13D/A · Filed: Oct 16, 2024 · CIK: 910612
| Field | Detail |
|---|---|
| Company | Cbl & Associates Properties INC (CBL) |
| Form Type | SC 13D/A |
| Filed Date | Oct 16, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, ownership-change, real-estate
Related Tickers: CBL
TL;DR
Canyon Partners updated their CBL & Associates stake filing. No major changes reported, but always worth watching.
AI Summary
Canyon Partners, LLC, through its affiliates Canyon Capital Advisors LLC and Canyon Capital Advisors II LLC, has amended its Schedule 13D filing regarding CBL & Associates Properties, Inc. The filing, dated October 16, 2024, indicates a change in beneficial ownership of the company's common stock. Joshua S. Friedman and Mitchell R. Julis are listed as group members associated with Canyon Partners.
Why It Matters
This amendment signals a potential shift in the ownership structure or strategy of CBL & Associates Properties, Inc., which could impact its stock performance and future business decisions.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings can indicate changes in significant shareholder positions, potentially leading to increased volatility or strategic shifts in the company.
Key Players & Entities
- Canyon Partners, LLC (company) — Filing entity
- CBL & Associates Properties, Inc. (company) — Subject company
- Canyon Capital Advisors LLC (company) — Affiliated entity
- Canyon Capital Advisors II LLC (company) — Affiliated entity
- Joshua S. Friedman (person) — Group member
- Mitchell R. Julis (person) — Group member
- Jonathan M. Kaplan (person) — Contact person
- Robert W. Downes (person) — Legal counsel
FAQ
What is the primary purpose of this SC 13D/A filing?
This filing is an amendment to a previous Schedule 13D, indicating a change in the beneficial ownership of CBL & Associates Properties, Inc. by Canyon Partners, LLC and its affiliates.
Who are the key entities involved in this filing?
The key entities are CBL & Associates Properties, Inc. (the issuer), Canyon Partners, LLC (the filer), and its affiliates Canyon Capital Advisors LLC and Canyon Capital Advisors II LLC.
When was this amendment filed?
This amendment was filed on October 16, 2024.
What is the business address of Canyon Partners, LLC?
The business address of Canyon Partners, LLC is 2728 North Harwood Street, 2nd Floor, Dallas, Texas 75201.
Are there any specific dollar amounts or share percentages mentioned in this amendment?
This specific excerpt does not detail specific dollar amounts or share percentages; it primarily serves as an update to the ownership filing.
Filing Stats: 1,378 words · 6 min read · ~5 pages · Grade level 10.9 · Accepted 2024-10-16 16:06:56
Key Financial Figures
- $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class o
Filing Documents
- d883746dsc13da.htm (SC 13D/A) — 55KB
- 0001193125-24-238118.txt ( ) — 57KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: October 16, 2024 CANYON CAPITAL ADVISORS LLC /s/ Doug Anderson Name: Doug Anderson Title: Chief Compliance Officer /s/ Mitchell R. Julis MITCHELL R. JULIS /s/ Joshua S. Friedman JOSHUA S. FRIEDMAN