Free Writing Prospectus

Filed pursuant to Rule 433

Dated August 10, 2015

Registration Statement No. 333-202562-01

Relating to

Preliminary Prospectus Supplement Dated August 10, 2015 and

Prospectus dated March 6, 2015

 

$500,000,000 2.500% NOTES DUE 2020

 

Issuer:

Simon Property Group, L.P.

Legal Format:

SEC Registered

Size:

$500,000,000

Maturity Date:

September 1, 2020

Coupon (Interest Rate):

Interest Payment Dates:

2.500% per annum

March 1 and September 1, commencing March 1, 2016

Benchmark Treasury:

1.625% due July 31, 2020

Benchmark Treasury Price and Yield:

100-2 // 1.612%

Spread to Benchmark Treasury:

90 basis points

Yield to Maturity:

2.512%

Day Count Convention:

30 / 360

Redemption Provision:

Make-whole call prior to June 1, 2020 based on U.S. Treasury + 0.15% (15 basis points) or at par on or after June 1, 2020

Initial Price to Public:

99.943% plus accrued interest from August 17, 2015 if settlement occurs after that date

Settlement Date:

T+5; August 17, 2015

Denominations:

$2,000 x $1,000

CUSIP / ISIN:

828807 CU9 / US828807CU92

Joint Book-Running Managers:

Citigroup Global Markets Inc.

RBC Capital Markets, LLC

UBS Securities LLC

Co-Managers:

BB&T Capital Markets

BNY Mellon Capital Markets, LLC

Regions Securities LLC

Scotia Capital (USA) Inc.

TD Securities (USA) LLC

 

This communication is intended for the sole use of the person to whom it is provided by the issuer.

 

A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates.  Before you make a decision to invest, you should read the prospectus in that registration statement and the related preliminary prospectus supplement and other documents the issuer has filed with the Securities and Exchange Commission for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission’s website at www.sec.gov.  Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and related preliminary prospectus supplement if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, RBC Capital Markets, LLC toll-free at 1-866-375-6829 or UBS Securities LLC toll-free at 1-888-827-7275.