Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Mall Operator CBL Signals Bankruptcy Ahead After Striking Restructuring Deal

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

One of the nation’s largest mall operators has inked a restructuring agreement contingent upon a bankruptcy filing. On Tuesday, CBL & Associates forged the deal with certain lenders that calls for the virus-hobbled REIT to submit a Chapter 11 petition by Oct. 1, according to a document filed Wednesday. The move would wipe out roughly…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!