Simon Property Group Secures $5 Billion Revolving Credit Facility and Amends $3.5 Billion Facility

Reuters03-06

<a href="https://laohu8.com/S/SPGS.WS">Simon Property</a> Group Secures $5 Billion Revolving Credit Facility and Amends $3.5 Billion Facility

Simon Property Group’s operating partnership amended, restated and extended its $5.0 billion multi-currency unsecured revolving credit facility, setting an initial maturity of June 30, 2030 with an option to extend to June 30, 2031. The new pricing lowers the margin on U.S. dollar borrowings by 15 basis points to SOFR plus 65 basis points, and the company also amended its existing $3.5 billion revolving credit facility to align its margin with the updated terms. The facilities are backed by a 28-bank group led by JPMorgan Chase, BofA Securities, PNC Capital Markets, Wells Fargo Securities and Mizuho Bank.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simon Property Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603051607PR_NEWS_USPR_____DE02405) on March 05, 2026, and is solely responsible for the information contained therein.

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The new pricing lowers the margin on U.S. dollar borrowings by 15 basis points to SOFR plus 65 basis points, and the company also amended its existing $3.5 billion revolving credit facility to align its margin with the updated terms. The facilities are backed by a 28-bank group led by JPMorgan Chase, BofA Securities, PNC Capital Markets, <a href=\"https://laohu8.com/S/EOD\">Wells Fargo</a> Securities and Mizuho Bank.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The new pricing lowers the margin on U.S. dollar borrowings by 15 basis points to SOFR plus 65 basis points, and the company also amended its existing $3.5 billion revolving credit facility to align its margin with the updated terms. The facilities are backed by a 28-bank group led by JPMorgan Chase, BofA Securities, PNC Capital Markets, Wells Fargo Securities and Mizuho Bank.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simon Property Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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