July 12, 2014 8:54 AM ET

Real Estate Investment Trusts (REITs)

Company Overview of Simon Property Group, L.P.

Company Overview

Simon Property Group, L.P. engages primarily in the ownership, operation, leasing, management, acquisition, expansion, and development of real estate properties. The company’s real estate properties consist primarily of regional malls and community shopping centers. As of December 31, 2003, it owned an interest in 245 properties in North America, which consisted of 174 regional malls, 67 community shopping centers, and 4 office and mixed-use properties in 37 states and Canada. In addition, the company also owned interests in three parcels of land. It also had ownership interests in 47 assets in Europe, including France, Italy, Poland, and Portugal. The company was formed in November 1993 as ...

225 West Washington Street

Indianapolis, IN 46204

United States

Founded in 1993

3,400 Employees

Phone:

317-636-1600

Fax:

317-685-7270

Key Executives for Simon Property Group, L.P.

Chief Executive Officer of Simon Property Group Inc. - General Partner and Director of Simon Property Group Inc. - General Partner
Age: 53
President of Simon Property Group Inc. - General Partner
Age: 64
Chief Financial Officer of Simon Property Group Inc. - General Partner and Executive Vice President of Simon Property Group Inc. - General Partner
Age: 58
President of International Division of Simon Property Group Inc. - General Partner
Age: 76
Principal Accounting Officer of Simon Property Group Inc. - General Partner and Senior Vice President of Simon Property Group Inc. - General Partner
Compensation as of Fiscal Year 2014.

Simon Property Group, L.P. Key Developments

Simon Property Group, L.P. Closes $1.2 Billion Debt Offering

Simon Property Group, L.P. closed the $1.2 billion debt offering: $600 million principal amount of 2.200% senior unsecured notes due February 1, 2019 priced to yield 65 basis points above the then prevailing U.S. Treasury Rate, and $600 million principal amount of 3.750% senior unsecured notes due February 1, 2024 priced to yield 100 basis points above the then prevailing U.S. Treasury Rate.

Simon Property Group, L.P. Completes its Two Debt Offerings

Simon Property Group Inc. said Dec. 17 that its majority-owned operating partnership subsidiary, Simon Property Group LP, has completed its two debt offerings. Specifically, the operating partnership completed its offerings of $500 million principal amount of 2.75% senior unsecured notes due Feb. 1, 2023, and $750 million principal amount of 1.50% senior unsecured notes due Feb. 1, 2018.

Simon Property Group, L.P. to Raise $750 Million in Private Placement Due February 1, 2018

Simon Property Group, L.P. announced that it has agreed to issue $750 million principal amount of its 1.50% senior unsecured notes due February 1, 2018 in a private placement. The transaction is expected to close on December 17, 2012. The company expects to use the net proceeds from the private offering to repay a portion of the outstanding balance under the US dollar tranche of its $4.0 billion credit facility which it incurred in connection with acquisitions.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 29, 2013
Jifiti
 

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