Copper Property CTL Pass Through Trust Amends Sale Agreement, Extends Closing Date to October 2025

Reuters
Sep 09
Copper Property CTL Pass Through Trust Amends Sale Agreement, Extends Closing Date to October 2025

Copper Property CTL Pass Through Trust has announced a significant update to its ongoing sale agreement with an affiliate of Onyx Partners, Ltd., based in Boston, MA. The Trust has entered into a Second Amendment to its Purchase and Sale Agreement, extending the closing date to October 8, 2025. This extension allows additional time to meet all conditions required for the sale of the Trust's remaining property portfolio. Recently, the Trust completed the sale of two properties for $12.4 million, adjusting the overall purchase price of the portfolio to $935 million in an all-cash deal, subject to customary closing adjustments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Copper Property CTL Pass Through Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001837671-25-000053), on September 08, 2025, and is solely responsible for the information contained therein.

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