 CBL Associates Properties Inc. said Wednesday that it has entered into a restructuring support agreement RSA with its debt holders, in an effort to strengthen its capital structure. The real estate investment trust, with a focus on retail properties, said the terms of the RSA provides for a comprehensive restructuring of its balance sheet through an in-court process expected to commence no late than Oct. 1. The plan is to eliminate about 1.4 billion of unsecured notes in exchange for 500 million of new senior secured notes due June 2028, approximately 50 million of cash and about 90 of the new common equity of the company to holders of the unsecured notes. The company said all day-to-day operations and business will continue as normal. The stock is currently halted for news. It has plunged 81.7 year to date through Tuesday, while the SPDR Real Estate Select Sector ETF has lost 6.5 and the SP 500 has gained 4.9. 