CBL in big stock sale

The owner of CoolSprings Galleria, RiverGate Mall and Hickory Hollow Mall plans to sell up to 57.5 million shares (Ticker: CBL) as it continues to rework its capital structure. Separately, the company also said it is making progress on its $560 million unsecured credit line. Based on the pricing action in pre-marketing trading – the stock is down more than 10 percent – and the offering's expected discount to current prices, CBL likely will raise about $300 million.
Jun 9, 2009 6:31 AM

Mall owner extends credit line

Chattanooga's CBL (Ticker: CBL), which owns CoolSprings Galleria, RiverGate Mall and Hickory Hollow Mall, has extended its $105 million facility to June of next year.
May 14, 2009 1:37 PM

Three new leases at Galleria

Luxury bag retailer Coach is the biggest name of the trio that will open between now and early next year. It'll be the company's second local store, joining the one in Green Hills. Also on board are Soma Intimates and teen-oriented Pacific Sunwear.
Apr 20, 2009 10:27 PM

Galleria planning outdoor addition

Mall owner will build 'The District at Cool Springs' on a parking lot
Jul 18, 2008 11:23 AM