0001062993-23-020710.txt : 20231113 0001062993-23-020710.hdr.sgml : 20231113 20231113185558 ACCESSION NUMBER: 0001062993-23-020710 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231108 FILED AS OF DATE: 20231113 DATE AS OF CHANGE: 20231113 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SVP Dislocation LLC CENTRAL INDEX KEY: 0001817732 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400792 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203.585.3668 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strategic Value Partners, LLC CENTRAL INDEX KEY: 0001301912 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400798 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: (203) 618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Khosla Victor CENTRAL INDEX KEY: 0001473996 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400797 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SVP Special Situations III-A LLC CENTRAL INDEX KEY: 0001614275 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400791 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SVP Special Situations IV LLC CENTRAL INDEX KEY: 0001726861 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400790 BUSINESS ADDRESS: STREET 1: C/O STRATEGIC VALUE PARTNERS, LLC STREET 2: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: C/O STRATEGIC VALUE PARTNERS, LLC STREET 2: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strategic Value Capital Solutions Master Fund, L.P. CENTRAL INDEX KEY: 0001919830 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400796 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strategic Value Opportunities Fund, L.P. CENTRAL INDEX KEY: 0001919713 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400794 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strategic Value Special Situations Master Fund IV, L.P. CENTRAL INDEX KEY: 0001919714 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400795 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Strategic Value Special Situations Master Fund V, L.P. CENTRAL INDEX KEY: 0001919716 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400793 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SVP Special Situations V LLC CENTRAL INDEX KEY: 0001919793 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12494 FILM NUMBER: 231400789 BUSINESS ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-618-3500 MAIL ADDRESS: STREET 1: 100 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CBL & ASSOCIATES PROPERTIES INC CENTRAL INDEX KEY: 0000910612 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 621545718 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2030 HAMILTON PLACE BVLD, SUITE 500 STREET 2: CBL CENTER CITY: CHATTANOOGA STATE: TN ZIP: 37421 BUSINESS PHONE: 4238550001 MAIL ADDRESS: STREET 1: 2030 HAMILTON PLACE BVLD, SUITE 500 STREET 2: CBL CENTER CITY: CHATTANOOGA STATE: TN ZIP: 37421 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0508 4 2023-11-08 0000910612 CBL & ASSOCIATES PROPERTIES INC CBL 0001301912 Strategic Value Partners, LLC 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001473996 Khosla Victor C/O STRATEGIC VALUE PARTNERS, LLC 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001919830 Strategic Value Capital Solutions Master Fund, L.P. 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001919714 Strategic Value Special Situations Master Fund IV, L.P. 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001919713 Strategic Value Opportunities Fund, L.P. 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001919716 Strategic Value Special Situations Master Fund V, L.P. 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001817732 SVP Dislocation LLC 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001614275 SVP Special Situations III-A LLC C/O STRATEGIC VALUE PARTNERS, LLC 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001726861 SVP Special Situations IV LLC 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0001919793 SVP Special Situations V LLC 100 WEST PUTNAM AVENUE GREENWICH CT 06830 0 0 1 0 0 Common Stock 2023-11-08 4 J 0 16411 A 3215846 I See footnote The reported shares were received in connection with the Issuer's Third Amended Joint Chapter 11 Plan of CBL & Associates Properties, Inc. and its Affiliated Debtors (the "Plan"), which was confirmed by the United States Bankruptcy Court for the Southern District of Texas on August 11, 2021, pursuant to which the Issuer distributed shares of its common stock to certain holders of Senior Unsecured Notes issued by the Issuer. The Reporting Persons' right to receive additional shares became fixed and irrevocable on August 11, 2021, the effective date of the Plan. Pursuant to the Plan, Strategic Value Capital Solutions Master Fund L.P. received 4,052 shares, Strategic Value Special Situations Master Fund IV, L.P. received 2,589 shares, Strategic Value Opportunities Fund, L.P. received 658 shares, and Strategic Value Special Situations Master Fund V, L.P. received 9,112 shares. Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Victor Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC and SVP Special Situations V LLC (the "Investment Managers"). The reported shares are held by funds managed directly or indirectly by the Investment Managers. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. /s/ Lewis Schwartz - for Strategic Value Partners, LLC, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Victor Khosla 2023-11-13 /s/ Lewis Schwartz - for Strategic Value Capital Solutions Master Fund, L.P., By: SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), its investment manager, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for Strategic Value Special Situations Master Fund IV, L.P. , By: SVP Special Situations IV LLC, its investment manager, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for Strategic Value Opportunities Fund, L.P., By: SVP Special Situations III-A, LLC, its investment manager, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for Strategic Value Special Situations Master Fund V, L.P., By: SVP Special Situations V LLC, its investment manager, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for SVP Special Situations III-A, LLC, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for SVP Special Situations IV LLC, By: Lewis Schwartz, Chief Financial Officer 2023-11-13 /s/ Lewis Schwartz - for SVP Special Situations V LLC, By: Lewis Schwartz, Chief Financial Officer 2023-11-13