has ownership interests in Premium Outlets and Designer Outlet properties primarily located in Asia, Europe and Canada. owns or holds an interest in various income-producing properties in the U.S., which consisted of malls, Premium Outlets, Mills, lifestyle centers, and other retail properties in various states and Puerto Rico. owns, develops and manages shopping, dining, entertainment and mixed-use destinations. is Co.'s majority-owned Delaware partnership subsidiary that owns all of its real estate properties and other assets. Simon Property Group operates as a self-administered and self-managed real estate investment trust. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S.SPG Description - Simon Property Group, Inc. The Company currently owns or has an interest in 332 retail real estate properties in North America and Asia comprising 241 million square feet. Simon Property Group, Inc. (NYSE: SPG) is an S&P 100 company and the largest real estate company in the world. These forward-looking statements reflect management's judgment as of this date, and the Company assumes no obligation to revise or update them to reflect future events or circumstances. Readers should carefully review the Company's financial statements and notes thereto, as well as the risk factors described in its most recent annual and quarterly periodic reports and other reports filed from time to time with the SEC. These forward-looking statements are subject to certain risks and uncertainties, and actual results may differ materially from projections. This press release contains forward-looking statements regarding the offering of shares of the Company's common stock owned by the Trust. Copies of the prospectus and final prospectus supplement relating to these securities may be obtained, when available, from BofA Merrill Lynch, 222 Broadway, 7 th Floor, New York, NY 10038, attention: Prospectus Department or email press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Neither the Company nor any of its affiliates, including officers and directors, sold any shares in the offering.īofA Merrill Lynch acted as the sole book-running manager for the offering.Ī prospectus and preliminary prospectus supplement relating to this offering has been filed with the SEC and is available on the SEC's website at. The shares are being offered under the Company's effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The shares offered represent the Trust's entire direct ownership in the Company and Simon Property Group, L.P., the Company's operating partnership subsidiary. 20, 2012 /PRNewswire-FirstCall/ - Simon Property Group, Inc. (NYSE: SPG) announced today the pricing of the 5,873,620 shares of its common stock offered by the Melvin Simon Family Enterprises Trust (the "Trust"), as selling stockholder, resulting in gross proceeds of $943,714,525 (before deducting underwriting commissions and offering expenses).
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