WFC · News · 20260910N
Debt Issuance Underwriting Activity
WELLS FARGO & COMPANY/MN · 2026-09-10 · Importance 6 · Surprise 6 · In source text
Wells Fargo Securities is serving as a joint book-running manager for Simon Property Group’s $800 million senior-notes offering. The issuance comprises notes due in 2032 and 2036 with a weighted average coupon of 5.450%. Proceeds will primarily refinance $750 million of Simon’s 3.250% notes due in 2026, with the remainder for general corporate purposes.
Key facts
- Wells Fargo Securities is serving as a joint book-running manager for Simon Property Group's $800 million senior notes offering, which is expected to close on September 16, 2026. source
- The $800 million senior notes offering comprises two issues due in 2032 and 2036 with a weighted average coupon rate of 5.450%, for which Wells Fargo Securities is a joint book-running manager. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | The $800 million senior notes offering comprises two issues due in 2032 and 2036 with a weighted average coupon rate of 5.450%, for which… |