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| CBL > SEC Filings for CBL > Form 8-K on 10-Jan-2013 | All Recent SEC Filings |
10-Jan-2013
Other Events, Financial Statements and Exhibits
In December 2012, CBL & Associates Properties, Inc. (the "Company") acquired a 49% interest in Kirkwood Mall in Bismarck, ND, from Radiant Partners for a total cash consideration of $39.5 million, including the Company's share of the $40.4 million non-recourse loan secured by the property, which bears a fixed interest rate of 5.75% and matures in April 2018.
The Company has also executed an agreement to acquire the remaining 51% interest. The Company anticipates closing on the remaining 51% interest within 90 days (subject to lender approval).
The press release issued by the Company announcing this acquisition is attached as Exhibit 99.1 to this Current Report on Form 8-K.
(a) Financial Statements of Businesses Acquired
Not applicable
(b) Pro Forma Financial Information
Not applicable
(c) Shell Company Transactions
Not applicable
(d) Exhibits
Exhibit Number Description 99.1 CBL Announces Acquisition of Interest in Kirkwood Mall in Bismarck, ND |
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