Rule 424(b)(3)
Registration No. 33-90818
PRICING SUPPLEMENT NO. 11
Dated July 26, 1996, to
Prospectus Supplement dated May 19, 1995, and
Prospectus dated April 25, 1995
THE TAUBMAN REALTY GROUP LIMITED PARTNERSHIP
MEDIUM-TERM NOTES
The Taubman Realty Group Limited Partnership ("TRG") hereby offers $14.0 million
aggregate principal amount of its Medium-Term Notes having the terms set forth
below (the "Notes"), as well as the additional terms set forth in the Prospectus
Supplement dated May 19, 1995. TRG may issue Medium-Term Notes having maturities
of more than nine months in an aggregate principal amount of up to $500 million.
After giving effect to the issuance of the Notes offered hereby and the issuance
of other Medium-Term Notes being concurrently offered pursuant to separate
pricing supplements, an aggregate principal amount of $287.4 million of
Medium-Term Notes has been issued to date. This Pricing Supplement No. 11
relates only to the offering of the Notes described below.
Price to Public: 100%
Agents' Commission: 0.25%
Agents: Goldman, Sachs & Co.
Morgan Stanley & Co. Incorporated
Base Rate: LIBOR
Original Issue Date: July 30, 1996
Original Maturity Date: July 30, 1998
Interest Accrual Date: July 30, 1996
Index Maturity: Three Months
Interest Payment Dates: Third Wednesday of September, December, March, and June
and at maturity
Spread: Plus 77 basis points
Initial Interest Rate: 6.395%
Interest Payment Period: Quarterly, except for the initial payment
Initial Interest Reset Date: September 18, 1996
Interest Reset Period: Quarterly
Reporting Service: LIBOR Telerate
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Calculation Agent: The Chase Manhattan Bank
Index Currency: United States Dollar
Specified Currency: United States Dollar
TRG intends to use the net proceeds from the sale of the Notes to pay down one
or more of its existing working capital facilities.
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