Fitch rates Simon Property notes A

Fitch Ratings said it assigned an A rating to the multi-tranche senior notes issued by Simon Property Group, LP, the operating partnership of Simon Property Group, Inc.

The offering is comprised of notes due 2023 and 2027.

Fitch said Simon Property’s A issuer default rating reflects its continued market-leading access to capital, high quality real estate portfolio, cycle-tested management team, and its significant scale influencing efficiencies and the aforementioned access to capital.

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