Filing Details
- Accession Number:
- 0001104659-21-148713
- Form Type:
- 13G Filing
- Publication Date:
- 2021-12-09 19:00:00
- Filed By:
- Strategic Value Partners
- Company:
- Cbl & Associates Properties Inc (NYSE:CBL)
- Filing Date:
- 2021-12-10
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Strategic Value Partners | 0 | 1,117,510 | 0 | 1,117,510 | 1,117,510 | 5.6% |
| Victor Khosla | 0 | 1,117,510 | 0 | 1,117,510 | 1,117,510 | 5.6% |
| SVP Dislocation | 0 | 194,512 | 0 | 194,512 | 194,512 | 1.0% |
| Strategic Value Dislocation Master Fund | 0 | 194,512 | 0 | 194,512 | 194,512 | 1.0% |
| Strategic Value Opportunities Fund | 0 | 90,349 | 0 | 90,349 | 90,349 | 0.5% |
| SVP Special Situations III-A | 0 | 90,349 | 0 | 90,349 | 90,349 | 0.5% |
| Strategic Value Special Situations Master Fund IV | 0 | 352,963 | 0 | 352,963 | 352,963 | 1.8% |
| SVP Special Situations IV | 0 | 352,963 | 0 | 352,963 | 352,963 | 1.8% |
| Strategic Value Special Situations Master Fund V | 0 | 437,437 | 0 | 437,437 | 437,437 | 2.2% |
| SVP Special Situations V | 0 | 437,437 | 0 | 437,437 | 437,437 | 2.2% |
| Strategic Value Excelsior Fund | 0 | 42,249 | 0 | 42,249 | 42,249 | 0.2% |
| SVP Excelsior Management | 0 | 42,249 | 0 | 42,249 | 42,249 | 0.2% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
CBL & Associates Properties, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
________ 124830 878 _______
(CUSIP Number)
___________November 30, 2021__________
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Strategic Value Partners, LLC
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
1,117,510
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
1,117,510
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,117,510
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.6%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO, IA
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Victor Khosla
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
1,117,510
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
1,117,510
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,117,510
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.6%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
SVP Dislocation LLC
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
194,512
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
194,512
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
194,512
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.0%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Strategic Value Dislocation Master Fund, L.P.
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
194,512
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
194,512
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
194,512
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.0%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Strategic Value Opportunities Fund, L.P.
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
90,349
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
90,349
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,349
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
SVP Special Situations III-A LLC
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
90,349
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
90,349
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,349
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Strategic Value Special Situations Master Fund IV, L.P.
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
352,963
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
352,963
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
352,963
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.8%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
SVP Special Situations IV LLC
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
352,963
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
352,963
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
352,963
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.8%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Strategic Value Special Situations Master Fund V, L.P.
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
437,437
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
437,437
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
437,437
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.2%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
SVP Special Situations V LLC
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
437,437
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
437,437
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
437,437
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.2%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
Strategic Value Excelsior Fund, L.P.
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
42,249
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
42,249
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
42,249
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.2%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
|
CUSIP No. 124830 878
| 1 | NAMES OF REPORTING PERSONS
SVP Excelsior Management LLC
|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) ¨
(b) x
|
| 3 | SEC USE ONLY
|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|
NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH: | 5 | SOLE VOTING POWER
0
|
| 6 | SHARED VOTING POWER
42,249
| |
| 7 | SOLE DISPOSITIVE POWER
0
| |
| 8 | SHARED DISPOSITIVE POWER
42,249
|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
42,249
|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.2%
|
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
|
CUSIP No. 124830 878
| Item 1(a). | Name of Issuer: |
CBL & Associates Properties Inc. (the “Issuer”)
| Item 1(b). | Address of Issuer’s Principal Executive Offices: |
2030 Hamilton Place Blvd., Suite 500
Chattanooga, TN 374210-6000
| Item 2(a). | Names of Persons Filing: |
The names of the persons filing this report (collectively, the “Reporting Persons”) are:
Strategic Value Partners, LLC (“Strategic Value Partners”)
Victor Khosla (“Mr. Khosla”)
Strategic Value Dislocation Master Fund, L.P. (“Dislocation Master Fund”)
SVP Dislocation LLC (“SVP Dislocation”)
Strategic Value Opportunities Fund, L.P. (“Opportunities Fund”)
SVP Special Situations III-A LLC (“SVP Special Situations III-A”)
Strategic Value Special Situations Master Fund IV, L.P. (“Special Situations Master Fund IV”)
SVP Special Situations IV LLC (“SVP Special Situations IV”)
Strategic Value Special Situations Master Fund V, L.P. (“Special Situations Master Fund V”)
SVP Special Situations V LLC (“SVP Special Situations V”)
Strategic Value Excelsior Fund, L.P. (“Excelsior Fund”)
SVP Excelsior Management LLC (“SVP Excelsior”)
| Item 2(b). | Address of Principal Business Office or, if None, Residence: |
The address of the principal business office of each of the Reporting Persons is:
c/o Strategic Value Partners, LLC
100 West Putnam Avenue
Greenwich, CT 06830
| Item 2(c). | Citizenship: |
Strategic Value Partners is a Delaware limited liability company
Mr. Khosla is a United States citizen
Dislocation Master Fund is a limited partnership organized in the Cayman Islands
SVP Dislocation is a Delaware limited liability company
Opportunities Fund is a limited partnership organized in the Cayman Islands
SVP Special Situations III-A is a Delaware limited liability company
Special Situations Master Fund IV is a limited partnership organized in the Cayman Islands
CUSIP No. 124830 878
SVP Special Situations IV is a Delaware limited liability company
Special Situations Master Fund V is a limited partnership organized in the Cayman Islands
SVP Special Situations V is a Delaware limited liability company
Excelsior Fund is a limited partnership organized in the Cayman Islands
SVP Excelsior is a Delaware limited liability company
| Item 2(d). | Title of Class of Securities: |
Common Stock, par value $0.001 per share (“Common Stock”)
| Item 2(e). | CUSIP Number: |
124830 878
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
| Item 4. | Ownership. |
The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 and 11 of the cover page to this Schedule 13G. The ownership percentages are based on 19,988,600 outstanding shares of Common Stock as of November 10, 2021 as reported in the Issuer’s Form 10-Q filed on November 15, 2021.
Dislocation Master Fund directly holds 194,512 shares of Common Stock. SVP Dislocation is the investment manager of Dislocation Master Fund. Opportunities Fund directly holds 90,349 shares of Common Stock. SVP Special Situations III-A is the investment manager of Opportunities Fund. Special Situations Master Fund IV directly holds 352,963 shares of Common Stock. SVP Special Situations IV is the investment manager of Special Situations Master Fund IV. Special Situations Master Fund V directly holds 437,437 shares of Common Stock. SVP Special Situations V is the investment manager of Special Situations Master Fund V. Strategic Value Excelsior Fund directly holds 42,249 shares of Common Stock. SVP Excelsior is the investment manager of Strategic Value Excelsior Fund. Strategic Value Partners, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Dislocation, SVP Special Situations III-A, SVP Special Situations IV, SVP Special Situations V, and SVP Excelsior.
| Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
CUSIP No. 124830 878
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
| Item 9. | Notice of Dissolution of Group. |
Not applicable.
| Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
| Date: | December 10, 2021 |
STRATEGIC VALUE PARTNERS, LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
| /s/ Victor Khosla |
Victor Khosla
STRATEGIC VALUE DISLOCATION MASTER FUND, L.P.
| By: | SVP Dislocation LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP DISLOCATION LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE OPPORTUNITIES FUND, L.P.
| By: | SVP Special Situations III-A LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS III-A LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE SPECIAL SITUATIONS MASTER FUND IV, L.P.
| By: | SVP Special Situations IV LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS IV LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE SPECIAL SITUATIONS MASTER FUND V, L.P.
| By: | SVP Special Situations V LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS V LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE EXCELSIOR FUND, L.P.
| By: | SVP Excelsior Management LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP EXCELSIOR MANAGEMENT LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
EXHIBIT 1
AGREEMENT
The persons below hereby agree that the Schedule 13G to which this agreement is attached as an exhibit, as well as all future amendments to such Schedule 13G, shall be filed on behalf of each of them. This agreement is intended to satisfy the requirements of Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934.
| Date: | December 10, 2021 |
STRATEGIC VALUE PARTNERS, LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
| /s/ Victor Khosla |
Victor Khosla
STRATEGIC VALUE DISLOCATION MASTER FUND, L.P.
| By: | SVP Dislocation LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP DISLOCATION LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE OPPORTUNITIES FUND, L.P.
| By: | SVP Special Situations III-A LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS III-A LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE SPECIAL SITUATIONS MASTER FUND IV, L.P.
| By: | SVP Special Situations IV LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS IV LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE SPECIAL SITUATIONS MASTER FUND V, L.P.
| By: | SVP Special Situations V LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP SPECIAL SITUATIONS V LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
STRATEGIC VALUE EXCELSIOR FUND, L.P.
| By: | SVP Excelsior Management LLC, its investment manager |
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||
SVP EXCELSIOR MANAGEMENT LLC
| By: | /s/ James Dougherty | ||
| Name: | James Dougherty | ||
| Title: | Chief Financial Officer | ||