“From an unsecured perspective, $1.6 billion of maturities here, we will refinance that back in the unsecured market throughout the balance of the year.”

In context

“do think it's possible. We have seen it in other cases. So I wouldn't rule it out. And I think it's to be determined, but I wouldn't rule it out. Linda Tsai: Thank you. David Simon: Sure. Operator: The last question comes from the line of Omotayo Okusanya with Deutsche Bank. Please proceed. Omotayo Okusanya: Yes, good afternoon. Just a quick question on the $2.8 billion of debt refinancing. I wonder if you could just talk a little bit about what that market looks like today, any big change in terms of LTVs or how lenders are generally kind of looking at the asset class at this point? David Simon: Well, I'd say that lenders are very comfortable with the asset class. We've been upgraded with, I mean, we've been upgraded from -- to stay positive. Brian McDade: Look, from an S&P perspective. From an unsecured perspective, $1.6 billion of maturities here, we will refinance that back in the unsecured market throughout the balance of the year. And on the mortgage side, you continue to see vendors, CMBS, life insurance companies and other looking at the asset class and looking to deploy capital given our leverage levels. We are relatively conservative from a financial point of view as you know. And so that opens us up to an opportunity to refinance what we did earlier in the year was representative of that. Home loans done in the first quarter. I think the market is up for us to continue to refinance. But importantly we're rolling over our debt. We're not looking for incremental capital. We're not looking to extract excess proceeds to redeploy to our business. We're doing that with our free cash flow. David Simon: But the good news is good retail real estate as people are very financial -- they're very comfortable financing it a”