Simon Property Group Issues $800M Notes to Refinance Existing Debt
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
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Source: Newsfilter
- Debt Refinancing: Simon Property Group's operating partnership plans to issue $800 million in 4.300% notes to refinance existing 3.300% notes maturing in 2026, ensuring financial stability amidst market fluctuations.
- Issuance Details: The notes have a 5-year term and are expected to close on January 13, 2026, subject to customary closing conditions, reflecting the company's active engagement in capital markets.
- Market Participation: BofA Securities, Deutsche Bank, Goldman Sachs, and RBC Capital Markets are serving as joint book-running managers for the public offering, enhancing the company's market credibility and financing capabilities.
- Strategic Implications: This debt restructuring not only lowers financing costs but also optimizes the capital structure, providing greater flexibility for future investments and expansion initiatives.
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Analyst Views on SPG
Wall Street analysts forecast SPG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPG is 193.69 USD with a low forecast of 181.00 USD and a high forecast of 225.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
4 Buy
9 Hold
0 Sell
Moderate Buy
Current: 183.760
Low
181.00
Averages
193.69
High
225.00
Current: 183.760
Low
181.00
Averages
193.69
High
225.00
About SPG
Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust. The Company owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, The Mills, and International Properties. It owns approximately 250 plus global properties. Its properties include Apple Blossom Mall, Auburn Mall, Barton Creek Square, Battlefield Mall, Bay Park Square, Brea Mall, Briarwood Mall, Brickell City Centre, Broadway Square, Burlington Mall, Cape Cod Mall, Castleton Square, Cielo Vista Mall, Coconut Point, College Mall, Columbia Center, Copley Place, Coral Square, Cordova Mall, Dadeland Mall, Del Amo Fashion Center, Empire Mall, Firewheel Town Center, Greenwood Park Mall, Haywood Mall, King of Prussia, La Plaza, Lakeline Mall, Lenox Square, Mall of Georgia, Meadowood Mall, Menlo Park Mall, Miami International Mall, North East Mall, Ocean County Mall, Pheasant Lane Mall, and Phillips Place.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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