Simon Property Group (SPG) prices $1.5 billion senior note offering.
Simon Property Group announced today that it has priced a two-part offering of senior unsecured notes totaling $1.5 billion. The offering included:
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- $800 million 1.750% senior notes due 2028. The notes were priced at a discount to yield 1.786% or +95 basis points to the treasury curve.
- $700 million 2.200% senior notes due 2031. The notes were priced at a discount to yield 2.238% or +110 basis points to the treasury curve.
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01/11/2021