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Home/News Feed/Simon Property Group issues $800M in senior notes to refinance debt and fund operations
SPG
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Simon Property Group issues $800M in senior notes to refinance debt and fund operations

Company Fundamentals
09 Sep 2026
PRNewsWire
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Neutral
Simon Property Group issues $800M in senior notes to refinance debt and fund operations

Simon Property Group, a subsidiary of Simon, announced it will sell $800 million in senior notes, split equally between 5.250% notes due 2032 and 5.650% notes due 2036. The weighted average term is 7.7 years with a 5.450% coupon rate. Proceeds will be used primarily to repay $750 million of 3.250% notes maturing in 2026 and for general corporate purposes, including paying other unsecured debts. The offering is expected to close on September 16, 2026, and is managed by J.P. Morgan, Mizuho, PNC Capital Markets, and Wells Fargo Securities.

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