Simon Property (SPG) said late Wednesday its Simon Property Group LP unit will offer $400 million of 5.25% senior notes due 2032 and $400 million of 5.65% senior notes due 2036.
The offering is expected to be completed on Sept. 16.
The operating partnership will use the proceeds to repay all or part of its $750 million outstanding amount of 3.25% notes due 2026 and for general corporate purposes, the company said.
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