Simon Property Group, Inc. Simon Property Group, L.P. Notes to Consolidated Financial Statements (Dollars in thousands, except share, per share, unit and per unit amounts and where indicated as in millions or billions)
As of December 31, 2025, scheduled principal repayments on these joint venture properties’ mortgage indebtedness, assuming the obligations remain outstanding through the initial maturities, are as follows: 2026.......................................................... $ 3,573,638 2027.......................................................... 2,459,508 2028.......................................................... 3,175,273 2029.......................................................... 749,397 2030.......................................................... 2,113,931 Thereafter ..................................................... 4,344,553 Total principal maturities ......................................... 16,416,300 Debt issuance costs ............................................. (41,527) Total mortgages ................................................ $ 16,374,773
This debt becomes due in installments over various terms extending through 2035 with interest rates ranging from 0.30% to 11.03% and a weighted average interest rate of 4.85% at December 31, 2025.
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