Simon Property Group Inc., Indianapolis, has reported the sale of $500 million of senior unsecured notes by its partnership subsidiary, Simon Property Group LP.The real estate investment trust said the two tranches consisted of $300 million of 3.75% notes due in 2009 and $200 million of 4.90% notes due in 2014. Merrill Lynch & Co and UBS Investment Bank are the joint book-running managers of the offering. The mall and shopping center REIT can be found on the Internet at http://www.simon.com.

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