Simon Property Group Announces Opry Mills Mall to Reopen

Nearly one year after a historic flood ravaged Nashville and submerged Opry Mills, Simon Property Group, Inc. SPG announced today that Opry Mills has reached an agreement with its lenders, Helaba Bank and Nord/LB, to finance the rebuilding of the mall. Opry Mills will continue its litigation to have its insurers comply with their obligation to pay the amounts they agreed to in the event of a flood loss.