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Simon Property plans to redeem all $650 million 10.35% notes due 2019
By Tali Rackner
Norfolk, Va., Nov. 17 – Simon Property Group, LP intends to redeem all $650 million of its 10.35% notes due 2019, according to a press release.
The notes will be redeemed on Dec. 19 at a price of $1,221.90 per $1,000 principal amount.
The real estate investment trust for retail properties is based in Indianapolis.
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