SIMON PROPERTY GROUP L P 8-K

What Happened Simon Property Group L.P. announced on June 9, 2026 that its indirect subsidiary, Simon Global Development B.V., priced an offering of €500,000,000 aggregate principal amount of 3.650% guaranteed notes due 2031. The notes were offered to non‑U.S. persons outside the United States in reliance on Regulation S and will be unsecured obligations of the issuer, fully and unconditionally guaranteed by Simon Property Group L.P. The offering is scheduled to close on June 15, 2026, subject to customary closing conditions. A press release announcing the pricing is attached as Exhibit 99.1 to the Form 8‑K.

Key Details

• €500,000,000 aggregate principal amount of notes; interest rate: 3.650%; maturity: 2031.
• Issuer: Simon Global Development B.V. (Dutch private limited company); notes unsecured and fully guaranteed by Simon Property Group L.P.
• Offering to non‑U.S. persons outside the U.S. under Regulation S; notes not registered under the U.S. Securities Act and cannot be sold to U.S. persons.
• Expected closing date: June 15, 2026, subject to customary closing conditions.

Why It Matters This transaction, if closed, will add €500 million of debt at a fixed 3.65% coupon, guaranteed by the parent company. For investors, that affects Simon Property Group’s consolidated debt and interest obligations and signals the company is accessing international debt markets. Because the notes are offered only to non‑U.S. investors and are unregistered in the U.S., U.S. retail investors will not be able to participate directly in the offering.