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Fitch Rates Simon Property Group's Notes Offering 'A'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to the $1.1 billion of senior unsecured notes issued by Simon Property Group, L.P., the operating partnership of Simon Property Group, Inc. (NYSE: SPG, collectively Simon). The issuance is comprised of $500 million of 2.5% notes due 2020 and $600 million of 3.5% notes due 2025. A full list of ratings follows at the end of the release. KEY RATING DRIVERS Simon's long-term Issuer Default Rating (IDR) at 'A' reflects the strong qu

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