ITEM 7.01 Regulation FD Disclosure

On August 5, 2020, CBL & Associates Limited Partnership (the "Operating Partnership"), the majority owned subsidiary of CBL & Associates Properties, Inc. (the "REIT") (collectively, the Operating Partnership and the REIT are referred to as the "Company") made the $11.8 million interest payment that was due and payable on June 1, 2020 (the "2023 Notes Interest Payment") to holders of the Operating Partnership's 5.25% senior unsecured notes due 2023 (the "2023 Notes") and the $18.6 million interest payment that was due and payable on June 15, 2020 (the "2026 Notes Interest Payment") to holders of the Operating Partnership's 5.95% senior unsecured notes due 2026 (the "2026 Notes," together with the 2023 Notes, the "Notes"). Accordingly, the nonpayment of each of the 2023 Notes Interest Payment and the 2026 Notes Interest Payment no longer constitutes (i) an "event of default" under the indenture governing the Notes that occurred and is continuing or (ii) to the extent provided in the Bank Forbearance Agreement (as defined below), an "event of default" under the Credit Agreement, dated as of January 30, 2019 (as the same may be amended, restated, supplemented, replaced or otherwise modified from time to time, the "Credit Agreement"). As a result, the forbearance period under that certain Forbearance Agreement, dated as of June 30, 2020, by and among the Operating Partnership, Subsidiary Guarantors the REIT and certain holders of the 2023 Notes, as amended, that certain Forbearance Agreement, dated as of July 15, 2020, by and among the Operating Partnership, Subsidiary Guarantors, the REIT and certain holders of the 2026 Notes, as amended, and that certain Forbearance Agreement, by and among the Operating Partnership, Subsidiary Guarantors, the REIT and Wells Fargo Bank, National Association for the lenders party to the Credit Agreement, as amended (the "Bank Forbearance Agreement"), terminated without extension upon the payment of the 2023 Notes Interest Payment and 2026 Notes Interest Payment.

The Company may engage in negotiations and discussions with the holders and lenders of the Company's indebtedness. There can be no assurance, however, that any such discussions will lead to acceptable terms with any party or that the Company will otherwise reach any agreement with respect to its indebtedness.

The information disclosed in this Item 7.01 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such a filing.

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