From the Wires
Simon Property Group Announces Concurrent Offerings of Common Stock and Senior Notes
By: PR Newswire
Mar. 19, 2009 05:15 PM
Simon intends to use the net proceeds to partially repay the outstanding balance of its
Goldman, Sachs & Co., Deutsche Bank Securities and UBS Investment Bank are serving as joint bookrunning managers of the common stock offering. Goldman, Sachs & Co. and J.P. Morgan are serving as joint bookrunning managers of the senior note offering. The offerings are being conducted as public offerings under Simon's joint shelf registration statement filed with the Securities and Exchange Commission. Any offer of securities will be made by means of the prospectus supplement and accompanying prospectus relating to each offering. When available, copies of the prospectus supplement and accompanying prospectus relating to each offering can be obtained by contacting: Goldman, Sachs & Co., Attn: Prospectus Dept., 85 Broad St.,
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
This press release contains forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially from projections. Readers should carefully review the Company's and the Operating Partnership's financial statements and notes thereto, as well as the risk factors described in their Annual Reports on Form 10-K for the year ended
About Simon Property Group
Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. The Company is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers(R), the Mills(R), community/lifestyle centers and international properties. It currently owns or has an interest in 386 properties comprising 263 million square feet of gross leasable area in
SOURCE Simon Property Group, Inc.
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