INDIANAPOLIS, Jan. 19 /PRNewswire-FirstCall/ — Simon Property Group, Inc. (NYSE: SPG) announced today that its majority-owned partnership subsidiary, Simon Property Group, L.P. (the “Operating Partnership”), has agreed to sell $2.25 billion of its senior unsecured notes in an underwritten public offering through Citigroup Global Markets Inc., Morgan Stanley & Co. Incorporated, RBS Securities Inc....
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Archive for January, 2010
Simon Property Group Sells $2.25 Billion of Senior Notes
The World’s Largest Malls
The downturn of the economy has certainly taken it’s toll on malls, rendering in less shoppers everywhere.
However, this fact hasn’t halted developers from building malls that are proportionately larger and more grander than ever.
Asia is known for low cost labour and it appears that grand shopping malls are sprouting all over from Dubai...
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Mall Owner General Growth switches Bankruptcy Counsel
A representative of U.S. mall owner General Growth Properties Inc. has reported to Reuters that the company has switched bankruptcy counsel from Sidney Austin LLP to Well, Gotshal & Manges. Additionally, General Growth is also retaining another law firm, Kirkland & Ellis as bankruptcy counsel for some of its subsidiaries. Reasons were not given...
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