Previous close | 52.55 |
Open | 52.55 |
Bid | 58.50 |
Ask | 59.50 |
Strike | 110.00 |
Expiry date | 2025-01-17 |
Day's range | 52.55 - 52.55 |
Contract range | N/A |
Volume | |
Open interest | 42 |
Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"), has agreed to sell $1.0 billion aggregate principal amount of its 4.750% Notes due 2034.
SPG is poised to gain from its portfolio of premium assets, a focus on omnichannel retailing and strategic buyouts, though higher e-commerce adoption is worrisome.
Simon Property's operating partnership subsidiary amends, restates and extends its $3.5 billion multi-currency unsecured revolving credit facility.