Attached files
file | filename |
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EX-99.4 - EX-99.4 - CBL & ASSOCIATES PROPERTIES INC | d60607dex994.htm |
EX-99.2 - EX-99.2 - CBL & ASSOCIATES PROPERTIES INC | d60607dex992.htm |
EX-99.1 - EX-99.1 - CBL & ASSOCIATES PROPERTIES INC | d60607dex991.htm |
EX-2.1 - EX-2.1 - CBL & ASSOCIATES PROPERTIES INC | d60607dex21.htm |
8-K - 8-K - CBL & ASSOCIATES PROPERTIES INC | d60607d8k.htm |
Exhibit 99.3
Subject to FRE 408 / For Discussion Purposes Only / Confidential
Akin team,
Below please the Companys issues list in response to the Ad Hoc Groups December 8 restructuring term sheet. The below remains subject to ongoing review and revision in all respects. Let us know if you would like to discuss.
Consensual Scenario Issues List:
| Take-back debt prepayable (in whole or in part) for 24 mos. at par; thereafter 101. |
| Interest rate of New Notes at [TBD]%. |
| Reinstate 20% warrant package or a suitable alternative, to be determined. |
| MIP set at 10%. |
| Ad Hoc Group to agree that employment agreements will be assumed. |
| Company and advisors to review noteholder ability to trade claims to get cash recovery. |