BRIEF-Kite Realty Group Sets Pricing For $300 Million Exchangeable Senior Notes Offering

Kite Realty Group Trust

Kite Realty Group Trust

KRG

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June 30 (Reuters) - Kite Realty Group Trust KRG.N:

  • KITE REALTY GROUP ANNOUNCES PRICING OF $300 MILLION EXCHANGEABLE SENIOR NOTES OFFERING

  • PRICES $300 MILLION OF 3.25% EXCHANGEABLE SENIOR NOTES DUE 2032

  • PROCEEDS TO FUND CAPPED CALLS, $30 MILLION SHARE REPURCHASE, AND REPAYMENT OF $300 MILLION 4% NOTES DUE 2026

  • INITIAL PURCHASERS GRANTED OPTION TO BUY UP TO $45 MILLION ADDITIONAL NOTES

Source text: ID:nGNX2bSGdV

Further company coverage: KRG.N


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