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