CHATTANOOGA, Tenn.--( BUSINESS WIRE )--CBL Properties (NYSE:CBL) announced today that the principal balance of its non-recourse term loan had been reduced to $668.3 million, successfully meeting the extension test to secure a one-year extension. The loan's maturity will automatically extend from November 2025 to November 2026. Additionally, based on current projections, CBL anticipates meeting the second required extension test, which requires a principal balance of $615 million, in 2026 through...