** Shopping-center REIT Kite Realty's KRG.N shares down 1% to $28.93 on light volume in early Mon trading as it seeks capital raise to repay debt

** Stock threatening to snap five-day winning streak; about 133,000 shares have exchanged hands so far vs stock's 10-DMA of about 2.7 mln, per LSEG data

** Indianapolis, Indiana-based KRG early Mon announced private offering of $300 mln exchangeable notes due 2032

** Co intends to use net offering proceeds to redeem $300 mln principal of its 4.00% senior notes due 2026 at or prior to maturity

** Also intends to use some proceeds to enter capped call transactions and use up to $30 mln to repurchase its shares to facilitate hedging by investors in the exchangeable notes

** KRG has roughly $6 bln market cap

** Stock now up ~21% YTD vs ~17% advance in S&P 400 Retail REITs sub index .SPMDCRERS

** 4 of 12 analysts rate the stock "strong buy" or "buy", 8 "hold"; median PT $28.50