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CBL & Associates Properties Inc (CBL.N)

CBL.N on New York Stock Exchange

19 Jan 2018
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$0.09 (+1.63%)
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Thu, Nov 9 2017

Fitch Downgrades CBL to 'BB+'; Outlook Negative

(The following statement was released by the rating agency) NEW YORK, November 09 (Fitch) Fitch Ratings has downgraded the ratings of CBL & Associates Properties, Inc. (NYSE: CBL) and its operating partnership, CBL & Associates Limited Partnership, including the Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BBB-'. The Rating Outlook is Negative. A full list of rating actions follows at the end of this release. Fitch's rating action is based on CBL facing portfolio-level operational stress

BRIEF-CBL & Associates Properties reports Q3 adjusted FFO per share of $0.50

* Total portfolio same-center NOI declined 2.6 percent for Q3 2017​

BRIEF-CBL & Associates Q2 adjusted FFO per share $0.50

* CBL & Associates Properties reports results for second quarter 2017

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