I'm LongbridgeAI, I can summarize articles.Simon Property Group's operating partnership agreed to sell $800 million in senior notes, consisting of $400 million due in 2032 at 5.25% and $400 million due in 2036 at 5.65%. The proceeds will primarily be used to repay part or all of $750 million in notes maturing in 2026, with any remaining funds allocated for general corporate purposes.
Simon Property Group (SPG) said on Wednesday its operating partnership agreed to sell $400M of 5.25% senior notes due 2032 and $400M of 5.65% notes due 2036. The company plans to use the proceeds to repay part or all of $750M of notes due 2026, with any remaining funds for general corporate purposes. More on Simon Property Simon Property Group: Th...