05:11 PM EDT, 09/23/2024 (MT Newswires) -- Simon Property Group ( SPG ) said Monday its majority-owned operating partnership is offering $1 billion of its 4.750% notes due 2034 to raise funds for general corporate purposes, including to repay other unsecured indebtedness.

BNP Paribas, Citigroup, PNC Capital Markets and US Bancorp are joint book-runners of the public offering that is expected to close on Thursday, the company said.

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