Simon Property Group Inc T.SPG

Primary Symbol: SPG Alternate Symbol(s): SPG.PR.J

Simon Property Group, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, develops and manages premier shopping, dining, entertainment and mixed-use destinations, which consist primarily of malls, Premium Outlets, and The Mills. It owns or holds an interest in approximately 195 income-producing properties in the United States, which consists of 93 malls, 69 Premium Outlets, 14 Mills, six lifestyle centers, and 13 other retail properties in 37 states and Puerto Rico. It also holds an interest in 24 regional, super-regional, and outlet malls in the United States and Asia. In addition, it has redevelopment and expansion projects, including the addition of anchors, big box tenants and restaurants, underway at several properties in the North America, Europe and Asia. Internationally, the Company has ownership in 35 Premium Outlets and Designer Outlet properties primarily located in Asia, Europe, and Canada.

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Simon Property Group Inc > Convert Deal Canceled

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Comment by oceanelevenon Mar 12, 2021 8:51am

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RE:Convert Deal Canceled

SPARK POWER ANNOUNCES EXTENSION WITH THE BANK OF MONTREAL

Bank of Montreal and Spark Power Group Inc. have agreed to extend the maturity date of Spark's existing non-revolving term loan and revolving acquisition line to June 30, 2022. As a result, all amounts outstanding on these loans will again be presented as long-term liabilities in the company's financial statements in relation to periods ended after the date of this extension, to the extent repayments are not then due within 12 months.

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