Amended Current Report Filing (8-k/a)
March 11 2020 - 09:32AM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 6,
2020
CBL & ASSOCIATES PROPERTIES INC
CBL & ASSOCIATES LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in its Charter)
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Delaware
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1-12494
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62-1545718
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Delaware
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333-182515-01
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62-1542285
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(State or Other Jurisdiction of
Incorporation or Organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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2030 Hamilton Place Blvd., Suite 500, Chattanooga, TN
37421-6000
(Address of principal executive office, including zip code)
423-855-0001
(Registrant's telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2.
below):
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☐
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Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Securities registered under Section 12(b) of the Act:
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Title of each Class
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Trading
Symbol(s)
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Name of each exchange on which registered
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Common Stock, $0.01 par value
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CBL
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New York Stock Exchange
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7.375% Series D Cumulative Redeemable Preferred Stock, $0.01 par
value
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CBLprD
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New York Stock Exchange
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6.625% Series E Cumulative Redeemable Preferred Stock, $0.01 par
value
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CBLprE
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New York Stock Exchange
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Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Explanatory Note
This Amendment No. 1 to the
Current Report on Form 8-K (“Amendment”) is being furnished to
amend Items 2.02 and 9.01 of the Current Report on Form 8-K
furnished on February 7, 2020 reporting the Company’s results for
the three months and year ended December 31, 2019.
ITEM 2.02 Results of Operations and Financial Condition
On March 11, 2020, CBL & Associates Properties, Inc. (the
“Company”) issued a corrected press release announcing the
Company’s results for the three months and year ended December 31,
2019. The news release was issued to correct the amount of gain on
investments/deconsolidation reported for the three months and year
ended December 31, 2019. Subsequent to the issuance of its earnings
release on February 6, 2020, the Company reassessed the accounting
treatment for the deconsolidation of one joint venture. This
resulted in a decrease of $28.3 million in gain on
investments/deconsolidation for the three months and year ended
December 31, 2019.
The Company has prepared and furnished as Exhibit 99.1 to this
Amendment a corrected earnings release and supplemental financial
and operating information for the three months and year ended
December 31, 2019. The correction did not change the Company’s
Same-Center Net Operating Income and Funds From Operations, as
adjusted, for the three months and year ended December 31, 2019
that was provided in the original earnings release.
The information in this Amendment and the Exhibit attached hereto
shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of
1933, except as shall be expressly set forth by specific reference
in such filing.
ITEM 9.01 Financial Statements and Exhibits
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(a)
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Financial Statements of Businesses Acquired
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Not applicable
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(b)
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Pro Forma Financial Information
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Not applicable
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(c)
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Shell Company Transactions
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Not applicable
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(a)
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Incorporated by reference from the Company’s Current Report on Form
8-K, dated February 6, 2020, filed on February 7, 2020.**
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** Commisson File No. 1-12494 and 333-182515-01
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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CBL & ASSOCIATES PROPERTIES, INC.
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/s/ Farzana Khaleel
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Farzana Khaleel
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Executive Vice President -
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Chief Financial Officer and Treasurer
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CBL & ASSOCIATES LIMITED PARTNERSHIP
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By: CBL HOLDINGS I, INC., its general partner
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/s/ Farzana Khaleel
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Farzana Khaleel
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Executive Vice President -
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Chief Financial Officer and Treasurer
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Date: March 11, 2020
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