CBL & Associates Properties, Inc., along with its affiliates, filed a first amended joint plan of reorganization with related disclosure statement in the US Bankruptcy Court on April 15, 2021. As per the plan filed, Bank lender deficiency claims are changed to first lien credit facility claims of $983.70 million and will be paid through pro rata share of exit credit facility and $100 million in cash. Consenting crossholder deficiency claims were changed to Consenting crossholder claims of $133 million and will be paid through pro rata share of Consenting crossholder claims recovery pool i.e. 10/57% of new common stock, $15 million in cash and new senior secured notes in the amount of $81 million. Ongoing Trade Claims will be paid in full through 4 cash installments or pro rata share of the unsecured claims recovery pool. Property-Level guarantee settlement claim will be reinstated. Unsecured claims will be paid through pro rata share of unsecured claims recovery pool i.e. 78.43% of new common stock, $80 million in cash and new senior secured notes in the amount of $474 million. The plan will also be funded through New Money convertible notes of $50 million, exit credit facility distribution changed to $883.70 million, New senior secured notes of $555 million and new convertible notes of $150 million. There is no change in treatment of any other claim class .