Simon Property Group Announces Offering Of Euro-Denominated Bonds Exchangeable Into Shares Of Klépierre S.A. ...Middle East

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INDIANAPOLIS, Nov. 7, 2023 /PRNewswire/ — Simon®, a global leader in premier shopping, dining, entertainment and mixed-use destinations, today announced that its wholly-owned subsidiary, Simon Global Development B.V., a private company with limited liability (besloten vennootschap met beperkte aansprakelijkheid) under the laws of the Netherlands (the “Issuer”), has agreed to issue €750 million principal amount of unsecured bonds due 2026 (the “Bonds”) exchangeable into existing ordinary shares of Klépierre S.A., a French joint-stock company (société anonyme) under the laws of France in an offering to non-U.S. persons outside the United States in reliance on Regulation S under the Securitie

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