Attached files
file | filename |
---|---|
EX-5.1 - EX-5.1 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex5d1.htm |
EX-4.1 - EX-4.1 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex4d1.htm |
EX-1.1 - EX-1.1 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex1d1.htm |
EX-8.1 - EX-8.1 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex8d1.htm |
EX-99.1 - EX-99.1 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex99d1.htm |
EX-99.2 - EX-99.2 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex99d2.htm |
EX-12.1 - EX-12.1 - SIMON PROPERTY GROUP L P /DE/ | a10-15260_3ex12d1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 9, 2010
SIMON PROPERTY GROUP, L.P.
(Exact name of registrant as specified in its charter)
Delaware |
|
333-11491 |
|
34-1755769 |
(State or other jurisdiction |
|
(Commission |
|
(IRS Employer |
of incorporation) |
|
File Number) |
|
Identification No.) |
225 WEST WASHINGTON STREET |
|
|
INDIANAPOLIS, INDIANA |
|
46204 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrants telephone number, including area code: 317.636.1600
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 Entry into a Material Definitive Agreement.
On August 9, 2010, Simon Property Group, L.P. (Operating Partnership) entered into an underwriting agreement (the Underwriting Agreement) with Banc of America Securities LLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. (collectively, the Underwriters), in connection with the public offering of $900,000,000 aggregate principal amount of the Operating Partnerships 4.375% notes due 2021 (the Notes). The offering of the Notes is expected to close on August 16, 2010.
The Notes will be issued pursuant to the twenty-fifth supplemental indenture (the Supplemental Indenture) to the Indenture (the Indenture) dated as of November 26, 1996, between the Operating Partnership and The Bank of New York Mellon Trust Company, N.A. (as successor to The Chase Manhattan Bank), as trustee. For a description of the material terms of the Supplemental Indenture and the Notes, see the information set forth below under Item 2.03, which is incorporated into this Item 1.01.
The offering of the Notes was made pursuant to the Registration Statement on Form S-3 (Registration No. 333-157794-01), the prospectus dated March 9, 2009, and the related prospectus supplement dated August 9, 2010.
A copy of the Underwriting Agreement and the form of Supplemental Indenture are attached hereto as Exhibits 1.1 and 4.1, respectively, and are incorporated herein by reference. The Indenture was incorporated by reference into the Registration Statement.
ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off Balance Sheet Arrangement of a Registrant.
The Notes bear interest at a rate of 4.375% per annum and mature on March 1, 2021. Interest on the Notes is payable semi-annually in arrears on March 1 and September 1 each year, beginning on March 1, 2011 (each, an Interest Payment Date). Interest will be paid to holders of record of such Notes registered at the close of business the fifteenth calendar day preceding the related Interest Payment Date.
The Operating Partnership may, at its option, redeem the Notes in whole at any time or in part from time to time on not less than 30 and not more than 60 days prior written notice mailed to the holders of the Notes to be redeemed. The Notes will be redeemable at a price equal to the principal amount of such series of Notes being redeemed, plus accrued and unpaid interest to the date of redemption and a make-whole premium calculated under the Supplemental Indenture (unless the Notes are redeemed on or after December 1, 2020, in which case no make-whole premium will be payable).
The Supplemental Indenture provides for customary events of default, including, among other things, nonpayment, failure to comply with the other agreements in the Supplemental Indenture for a period of 90 days, and certain events of bankruptcy, insolvency and reorganization.
The description set forth above is qualified in its entirety by the form of Supplemental Indenture (including the form of notes attached thereto).
ITEM 7.01 Regulation FD Disclosure.
On August 9, 2010, Simon Property Group, Inc. (SPG), the general partner of the Operating Partnership, issued a press release announcing the sale of the Notes. A copy of the press release is attached hereto as Exhibit 99.1.
On August 9, 2010, SPG issued a press release announcing the commencement of the cash tender offer for certain series of the Operating Partnerships senior unsecured notes pursuant to an offer to purchase dated August 9, 2010. A copy of the press release is attached hereto as Exhibit 99.2.
ITEM 9.01 Financial Statements and Exhibits.
Exhibit No. |
|
Description |
|
|
|
Exhibit 1.1 |
|
Underwriting Agreement dated as of August 9, 2010 among Simon Property Group, L.P., Banc of America Securities LLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and J.P. Morgan Securities Inc. |
|
|
|
Exhibit 4.1 |
|
Form of Twenty-Fifth Supplemental Indenture to the Indenture dated as of November 26, 1996 between Simon Property Group, L.P. and The Bank of New York Mellon Trust Company, N.A. (as successor to The Chase Manhattan Bank), as Trustee. |
|
|
|
Exhibit 4.2 |
|
Form of $900,000,000 aggregate principal amount of 4.375% Notes due 2021 (included in Exhibit 4.1 hereto). |
|
|
|
Exhibit 5.1 |
|
Opinion of Baker & Daniels LLP. |
|
|
|
Exhibit 8.1 |
|
Opinion of Baker & Daniels LLP regarding tax matters. |
|
|
|
Exhibit 12.1 |
|
Statement re: computation of ratios. |
|
|
|
Exhibit 23.1 |
|
Consent of Baker & Daniels LLP (contained in Exhibits 5.1 and 8.1 hereto). |
|
|
|
Exhibit 99.1 |
|
Press Release, dated August 9, 2010, issued by Simon Property Group, Inc. |
|
|
|
Exhibit 99.2 |
|
Press Release, dated August 9, 2010, issued by Simon Property Group, Inc. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: August 13, 2010
|
SIMON PROPERTY GROUP, L.P. |
||
|
|
|
|
|
By: |
Simon Property Group, Inc., the sole General Partner |
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Steven K. Broadwater |
|
|
|
Steven K. Broadwater |
|
|
|
Senior Vice President and Chief |
|
|
|
Accounting Officer |