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Simon Property Group L.P., the majority-owned operating partnership subsidiary of prominent retail REIT Simon, has amended, restated and extended its $3.5 billion multi-currency unsecured revolving credit facility.

Simon reported that the amended and extended credit facility enhances the company’s financial flexibility and provides the company with $8.5 billion of total revolving credit capacity, when combined with its existing $5.0 billion senior unsecured credit facility. The facilities reportedly are supported by a globally diverse lender group composed of 28 banks.