CORRECTION and REPLACEMENT Copper Property CTL Pass Through Trust Announces Sale of Portfolio Did Not Close

Core Viewpoint - The Copper Property CTL Pass Through Trust announced that the sale transaction of its portfolio with Onyx Partners, Ltd. did not close, and if the transaction is not completed by December 26, 2025, the Purchase and Sale Agreement will terminate [1]. Group 1: Company Overview - The Copper Property CTL Pass Through Trust was established to acquire 160 retail properties and 6 warehouse distribution centers from J.C. Penney as part of its Chapter 11 reorganization plan [3]. - The Trust's operations focus on owning, leasing, and selling the properties, with the objective of selling them to third-party purchasers as quickly as possible [3]. - The Trust is managed externally by an affiliate of Hilco Real Estate LLC, and the Trustee is GLAS Trust Company LLC [3]. Group 2: Transaction Details - The Trust issued a notice to the Buyer confirming the non-closure of the sale transaction and set a deadline for completion by December 26, 2025 [1].