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CBL Properties Completes Sale of Utah Mall to Second Horizon Capital
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CBL Properties Completes Sale of Utah Mall to Second Horizon Capital
Aug 7, 2024 10:13 AM

12:59 PM EDT, 08/07/2024 (MT Newswires) -- CBL Properties (CBL) said Wednesday it closed the sale of Layton Hills Mall in Utah to Second Horizon Capital for $37.1 million.

CBL said it used the proceeds to pay down a term loan with the principal balance reduced to $749.8 million.

Price: 24.96, Change: +0.28, Percent Change: +1.16

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