U.S. Markets closed

CBL & Associates Limited Partnership -- Moody's downgrades CBL's senior unsecured debt to B1; stable outlook

Moody's Investors Service ("Moody's") downgraded the senior unsecured debt rating of CBL & Associates Limited Partnership ("CBL") to B1 from Ba1. The rating downgrade also considered CBL's reduced covenant compliance cushion and its expectation that 2019 operating performance will be lower as compared to 2018.