Simon Property Group, Inc., founded in 1993 and headquartered in Indianapolis, Indiana, is a leading global real estate investment trust (REIT) specializing in the ownership, operation, and development of retail real estate properties. The company's extensive portfolio includes premier shopping malls and outlets, making it a key player in the retail real estate market.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SPG 4.75% 2042-03-15 USDSimon Property Group, Inc. | United States | 2042-03-15 | 4.750 | 5.51 |
| SPG 6.75% 2040-02-01 USDSimon Property Group, Inc. | United States | 2040-02-01 | 6.750 | 5.20 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Simon Property Group has been an active participant in the bond market, issuing its first bonds in the early 2000s. Notably, in 2020, the company issued $3 billion in bonds to strengthen its balance sheet amidst the challenges posed by the COVID-19 pandemic, with maturities ranging from 2025 to 2031. Current yields on their bonds are competitive within the REIT sector, reflecting the company’s strong credit rating and robust financial health. Additionally, Simon Property Group has employed innovative bond features such as green bonds to enhance its sustainability initiatives, garnering interest from socially responsible investors.