{"url_path":"/sec/cik-0001022344/8-k/2026-03-05/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-03-05","source_url":"https://www.sec.gov/Archives/edgar/data/1022344/0001104659-26-024152-index.html","accession_number":"0001104659-26-024152","cik":"0001022344","ticker":null,"issuer_name":"SIMON PROPERTY GROUP L P","edgar_url":"https://www.sec.gov/Archives/edgar/data/1022344/0001104659-26-024152-index.html","primary_entity_key":"0001022344","primary_entity_name":"SIMON PROPERTY GROUP L P"},"word_count":553,"has_tables":true,"body_markdown":"**ITEM 1.01 Entry into a Material Definitive Agreement.**\n\n** **\n\n*Fourth Amended and Restated Revolving Credit\nFacility*\n\n \n\nOn March 5, 2026, Simon Property Group, L.P. (the\n“Company”) amended and extended its $5.0 billion senior unsecured multi-currency revolving credit facility (the “Credit\nFacility”). The Credit Facility’s initial borrowing capacity of $5.0 billion may be increased to $6.0 billion during its term.\nThe initial maturity date of the Credit Facility was extended to June 30, 2030. The initial maturity date can be extended for up to two\nadditional six-month periods at the Company’s sole option, subject to the Company’s continued compliance with the terms thereof.\n\n \n\nBorrowings under the Credit Facility bear interest,\nat the Company’s election, at either (i) (x) for Term Benchmark Loans, the Term SOFR Rate, the applicable Local Rate, the term CORRA\nRate, the Adjusted EURIBOR Rate, or the Adjusted TIBOR Rate, (y) for RFR Loans, if denominated in Sterling, SONIA, if denominated in Dollars,\nDaily Simple SOFR and, if denominated in Canadian Dollars, Daily Simple CORRA, or (z) for Daily SOFR Loans, the Floating Overnight Daily\nSOFR Rate, in each case of clauses (x) through (z) above, plus a margin determined by the Company’s corporate credit rating of between\n0.625% and 1.350% or (ii) for loans denominated in U.S. Dollars only, the Base Rate (which rate is equal to the greatest of the prime\nrate, the federal funds effective rate plus 0.500% or the Term SOFR Rate for an interest period of one month plus 1.000%), plus a margin\ndetermined by the Company’s corporate credit rating of between 0.000% and 0.350%. The Credit Facility includes a facility fee determined\nby the Company’s corporate credit rating of between 0.100% and 0.300% on the aggregate revolving commitments under the Credit Facility.\n\n \n\nThe Credit Facility provides for borrowings denominated\nin U.S. Dollars, Euro, Yen, Sterling, Canadian Dollars and Australian Dollars.\n\n \n\nThe Credit Facility provides for borrowings for\ngeneral corporate purposes.\n\n \n\nThe Credit Facility contains ongoing covenants\nrelating to total and secured leverage to capitalization value and minimum EBITDA coverage and unencumbered EBITDA coverage requirements.\nPayment under the Credit Facility can be accelerated if the Company or its general partner, Simon Property Group, Inc., is subject to\nbankruptcy proceedings or upon the occurrence of certain other events.\n\n \n\nThe foregoing description of the Credit Facility\nagreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Credit Facility agreement,\na copy of which is filed as Exhibit 99.1 to this Form 8-K and incorporated herein by reference\n\n* *\n\n*Amendment No. 2 to Amended and Restated Supplemental\nFacility*\n\n \n\nOn March 5, 2026, the Company also entered into\nan amendment (the “Amendment”) to its $3.5 billion senior unsecured multi-currency supplemental revolving credit facility\n(as amended by the Amendment, the “Supplemental Facility”) to conform the applicable margin to align with the pricing under\nthe Credit Facility.\n\n \n\nThe foregoing descriptions of the Amendment and the Supplemental Facility\ndo not purport to be complete and are qualified in their entirety by reference to the full text of the Amendment, including the Supplemental\nFacility attached as Exhibit A thereto, a copy of which is filed as Exhibit 99.2 to this Form 8-K and incorporated herein by reference.\n\n \n\nA copy of a press release is attached hereto as Exhibit 99.3 and is\nincorporated herein by reference."}