2014 General News

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04/17/14Simon Property Group and NRG eVgo Launch Three New Electric Car Fast Charging Stations
Caravan in Honor of Earth Day to feature stops at New Freedom Station® Charging sites at St. Charles Towne Center, Bowie Town Center and Queenstown Premium Outlets WASHINGTON, April 17, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), a leader in the global retail real estate industry, and NRG eVgo (ee-vee-go), a subsidiary of NRG Energy, Inc. will host an amped-up Earth Day Electric Car Caravan celebrating the unveiling of three new electric car fast-charging Freedom Station® sit... 
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04/16/14The Fashion Centre at Pentagon City Unveils Expansion and Renovation Project
Iconic Arlington, VA Mall Set to Undergo Interior and Exterior Transformation ARLINGTON, Va., April 16, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE:SPG), a global leader in retail real estate, announced details today of the highly-anticipated, multi-phase renovation and expansion at The Fashion Centre at Pentagon City. Anchored by Nordstrom and Macy's and home to more than 170 stores, The Fashion Centre at Pentagon City has been a staple in the Arlington community since it opened in... 
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04/15/14Phipps Plaza To Be Transformed By Extensive Renovation Plans
Southeast's Premier Luxury Destination Plans to Further Enhance Customers' Unparalleled Shopping Experience ATLANTA, April 15, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), a global leader in retail real estate, announced today that it will undertake a series of improvements  to Phipps Plaza, the Southeast's premier luxury shopping destination located in Atlanta's fashionable Buckhead district. The first project in a series of improvements will be an extensive interior make... 
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04/07/14Simon Property Group Announces Amended And Extended $4.0 Billion Revolving Credit Facility
INDIANAPOLIS, April 7, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE:SPG) today announced that it has amended and extended its $4.0 billion unsecured multi-currency revolving credit facility.  The newly refinanced facility, which can be increased to $5.0 billion during its term, will initially mature on June 30, 2018 and can be extended for an additional year to June 30, 2019 at the Company's sole option.  The interest rate on the new revolver is reduced to LIBOR plus 80 basis points fro... 
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03/24/14Management Appointments And Independent Directors Announced For Washington Prime Group Inc.
Simon Property Group Continues Progress on Planned Spin-off INDIANAPOLIS, March 24, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), a global leader in the retail real estate industry, today announced management appointments and four independent directors who will join the board of Washington Prime Group Inc. Simon announced that the following individuals will join Washington Prime Group's management team once the spin-off is completed: Myles Minton will become Chief Opera... 
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03/20/14Simon Venture Group Launched To Invest In Retail Innovation
- J. Skyler Fernandes to Lead Investment Efforts - INDIANAPOLIS, March 20, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE:SPG), a global leader in retail real estate, announced today the launch of a new, dedicated Simon Venture Group. This new business will invest in retail innovation, focusing on opportunities that enhance the shopping experience. Simon Venture Group will be investing across stages from early-stage to high-growth technology companies, making Seed to Series C+ inves... 
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03/19/14Simon Property Group Schedules First Quarter Earnings Release And Conference Call
INDIANAPOLIS, March 19, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that financial and operational results for the quarter ended March 31, 2014, will be released before the market opens on April 22, 2014.  The Company will host its quarterly earnings conference call and an audio webcast on April 22nd at 11:00 a.m. Eastern Time. The live webcast will be available in listen-only mode at investors.simon.com.  Within the United States, listeners can also access th... 
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02/28/14Simon Property Group To Present At Citi 2014 Global Property CEO Conference
INDIANAPOLIS, Feb. 28, 2014 /PRNewswire/ --  Simon Property Group, Inc. (NYSE: SPG) today announced that members of senior management including David Simon, Chairman and Chief Executive Officer, Richard S. Sokolov, President and Chief Operating Officer, and Stephen E. Sterrett, Chief Financial Officer, will provide an overview of the Company's business to the investment community at the Citi 2014 Global Property CEO Conference on Monday, March 3, 2014 at 10:10 a.m. Eastern Time. A live audio ... 
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02/28/14Tom Ward Joins Simon Property Group As Vice President Of Investor Relations
INDIANAPOLIS, Feb. 28, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG), a global leader in retail real estate, announced today that Tom Ward has been named Vice President, Investor Relations. Ward will lead the investor relations team and report to Liz Zale, Senior Vice President of corporate affairs. Ward previously served as Vice President of investor relations for Angie's List, a consumer advocacy company with more than two million members, and also held the same role at Bright... 
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02/25/14Mark Ordan Named CEO Of Washington Prime Group, Inc.
INDIANAPOLIS, Feb. 25, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE:SPG), a global leader in retail real estate, announced today the appointment of Mark Ordan as Chief Executive Officer of Washington Prime Group, Inc. which will be an independent, publicly traded REIT, comprised initially of SPG's strip center business and its smaller enclosed malls. Washington Prime Group's mission is to own stable, quality retail properties that effectively serve the communities in which they are loca... 
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02/10/14New Premium Outlet Center® Receives Zoning Approval In Clarksburg, Maryland
CLARKSBURG, Md., Feb. 10, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE:SPG), a global leader in retail real estate, announced today that it has received zoning approval from the Montgomery County Council by unanimous vote for the development of Clarksburg Premium Outlets® at Cabin Branch.  "We are very confident that Clarksburg Premium Outlets will be a positive addition to Clarksburg and Montgomery County," says John R. Klein, President of Simon's Premium Outlets division. "Clarksb... 
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01/31/14Simon Property Group Reports Fourth Quarter Results And Raises Quarterly Dividend
INDIANAPOLIS, Jan. 31, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) today reported results for the quarter and twelve months ended December 31, 2013. Results for the Quarter Funds from Operations ("FFO") was $894.8 million, or $2.47 per diluted share, as compared to $827.4 million, or $2.29 per diluted share, in the prior year period. The FFO increase on a per diluted share basis was 7.9%. Net income attributable to common stockholders was $381.6 million, or $1.23 per di... 
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01/21/14Simon Property Group Announces Closing Of Senior Notes Offering
INDIANAPOLIS, Jan. 21, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"), has closed the $1.2 billion debt offering announced last week: $600 million principal amount of 2.200% senior unsecured notes due February 1, 2019 priced to yield 65 basis points above the then prevailing U.S. Treasury Rate, and $600 million principal amount of 3.750% senior u... 
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01/14/14Simon Property Group Announces Reporting Information For 2013 Distributions
INDIANAPOLIS, Jan. 14, 2014 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. (NYSE: SPG) today announced 2013 year-end tax reporting information.   Simon Property Group, Inc. Common Stock CUSIP 828806109 Ticker Symbol: SPG % of Record 2/14 Record 5/17 Record 8/16 Record 11/15 Annual... 
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01/13/14Simon Property Group Sells $1.2 Billion Of Senior Notes
INDIANAPOLIS, Jan. 13, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that its majority-owned operating partnership subsidiary, Simon Property Group, L.P. (the "Operating Partnership"), has agreed to sell $600 million principal amount of its 2.200% senior notes due February 1, 2019, and $600 million principal amount of its 3.750% senior notes due February 1, 2024. Combined, the new issues of senior notes have a weighted average duration of 7.5 years and an average co... 
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01/10/14Simon Property Group Schedules Fourth Quarter Earnings Release And Conference Call
INDIANAPOLIS, Jan. 10, 2014 /PRNewswire/ -- Simon Property Group, Inc. (NYSE: SPG) announced today that financial and operational results for the quarter ended December 31, 2013, will be released before the market opens on January 31, 2014.  The Company will host its quarterly earnings conference call and an audio webcast on January 31st at 10:00 a.m. Eastern Time. The live webcast will be available in listen-only mode at investors.simon.com and www.streetevents.com.  If you are unable to pa... 
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