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, 2024, scheduled principal repayments on these joint venture properties’ mortgage indebtedness, assuming the obligations remain outstanding through the initial maturities, are as follows: 2025......................................................... $ 2,703,030 2026......................................................... 2,929,317 2027......................................................... 2,276,766 2028......................................................... 2,201,597 2029......................................................... 204,918 Thereafter .................................................... 3,382,906 Total principal maturities ........................................ 13,698,534 Debt issuance costs ............................................ (32,444) Totalmortgages ............................................... $ 13,666,090
This debt becomes due in installments over various terms extending through 2035 with interest rates ranging from 0.28% to 13.40% and a weighted average interest rate of 4.77% at December 31, 2024.
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