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, 2023, scheduled principal repayments on these joint venture properties’ mortgage indebtedness, assuming the obligations remain outstanding through the initial maturities, are as follows: 2024......................................................... $ 2,069,780 2025......................................................... 2,437,450 2026......................................................... 2,832,212 2027......................................................... 2,288,445 2028......................................................... 2,170,056 Thereafter .................................................... 2,516,281 Total principal maturities ........................................ 14,314,224 Debt issuance costs ............................................ (31,385) Total mortgages ............................................... $ 14,282,839
This debt becomes due in installments over various terms extending through 2035 with interest rates ranging from 0.21% to 15.25% and a weighted average interest rate of 4.61% at December 31, 2023.
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