Kimco Realty OP plans USD 500 million exchangeable senior notes offering due 2031
Kimco Realty Corporation
Kimco Realty Corporation KIM | 0.00 |
- Kimco Realty OP plans a private offering of USD 500 million exchangeable senior notes due 2031, guaranteed by Kimco on a senior unsecured basis.
- Deal includes an option for initial purchasers to buy up to an additional USD 75 million of notes within 13 days of issuance.
- Proceeds earmarked for a concurrent share repurchase of up to about USD 125 million, with the balance for general corporate purposes.
- Notes mature June 15, 2031; interest rate, initial exchange rate set at pricing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kimco Realty Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606100854PRIMZONEFULLFEED9734851) on June 10, 2026, and is solely responsible for the information contained therein.
