Copper Property CTL Pass Through Trust

Penney Intermediate Holdings LLC (JCPenney) released its Fiscal Year 2025 Narrative Report, highlighting a significant strengthening of its balance sheet. The company eliminated all long-term debt through a capital contribution and refinancing, and extended its Revolving Credit Facility maturity to September 2030. Adjusted EBITDA for FY2025 was approximately $168 million, a slight decrease from $172 million in FY2024, reflecting disciplined expense management offsetting sales and margin pressures. Net cash from operating activities increased to $180 million, and SG&A expenses decreased by $226 million.

Copper Property CTL Pass Through Trust announced its monthly report for May 2026, detailing financial activities and portfolio status. A cash distribution of $0.091522 per trust certificate will be paid on June 10, 2026, to holders of record on June 9, 2026. The total cash available for distribution for the month was $6,864,165.16. The report also provides an overview of the Trust's retail property portfolio.

Copper Property CTL Pass Through Trust filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The amendment includes the consolidated financial statements of Penney Intermediate Holdings LLC for the years ended January 31, 2026, and February 1, 2025. These financials are deemed material to investors as Penney Intermediate Holdings LLC leases over 20% of the Trust's assets under long-term, triple-net leases. The Trust stated it did not participate in the preparation or review of these financial statements.

Copper Property CTL Pass Through Trust is facing a lawsuit seeking $200 million in damages or specific performance from a buyer following the termination of an agreement for the sale of its remaining retail properties. Concurrently, the Trust reported a significant decline in its Q1 2026 financial results, with net income falling to $11.46 million from $16.05 million year-over-year, and diluted EPS decreasing to $0.15 from $0.21, primarily due to a substantial increase in total expenses. Certificateholders have approved an extension of the Trust's term to June 29, 2026.

Copper Property CTL Pass Through Trust announced a cash distribution of $0.086440 per trust certificate, totaling $6.48 million, to be paid on May 11, 2026, to certificateholders of record as of May 8, 2026. The Trust also made its monthly report for the period ending April 30, 2026, available on its investor website, detailing cash sources and uses, and portfolio information.

Copper Property CTL Pass Through Trust (CPPTL) announced on April 7, 2026, the release of its Q4 2025 Master Lease store performance disclosures. These disclosures, pertaining to JCPenney store performance, have been made available on the Trust's investor website and filed as Exhibit 99.1 to the current 8-K report. While the filing announces the availability of this crucial operational data, the specific performance metrics are contained within the referenced exhibit and not detailed in the provided text. This routine disclosure provides investors with updated insights into the underlying asset performance of the Trust's master lease portfolio.

Copper Property CTL Pass Through Trust announced a cash distribution of $0.081082 per trust certificate, payable on April 10, 2026, to certificateholders of record as of April 9, 2026. This distribution represents a return of capital to investors and is a key event for income-focused investors in the trust.

Copper Property CTL Pass Through Trust announced a cash distribution of $0.081082 per trust certificate, payable on April 10, 2026, to certificateholders of record as of April 9, 2026. This distribution represents a return of capital to investors and is a key event for income-focused investors.