NYSE:CBLRetail REITs
CBL & Associates Properties (CBL) Valuation After Term Loan Refinancing And Gateway Mall Acquisition
CBL & Associates Properties (CBL) has reshaped its balance sheet by refinancing a $634 million term loan through two new facilities, including $425 million in non recourse mall financing and a pending $176 million floating rate loan.
See our latest analysis for CBL & Associates Properties.
CBL’s refinancing and recent Gateway Mall acquisition sit against a mixed share price backdrop, with a 7.36% 1 month share price return but only a 1.90% year to date share price gain. At the same time, the...