Kimco priced $525M exchangeable senior notes offering
The notes bear 3.50% interest and mature in 2031. Proceeds will fund stock repurchase and general corporate purposes.
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Owner and operator of grocery-anchored shopping centers and mixed-use properties
kimcorealty.comLast updated
In short: Kimco reported strong 2026 performance with record leasing pipelines, while pricing a $525 million senior notes offering to fund strategic growth.
The notes bear 3.50% interest and mature in 2031. Proceeds will fund stock repurchase and general corporate purposes.
Kimco OP will offer notes due 2031, with an option for an additional $75M, to repurchase shares and for general corporate purposes
Reports $0.23 net income per share, 4.5% FFO growth to $0.46, 4.4M sq ft leased, updates 2026 outlook.
Redevelopment transforms former movie theater space into Target. Limited spaces remain available.
Real estate stocks continued their winning streak, outperforming broader markets to close the week on a positive note.
Stifel raises Kimco stock price target on debt offering plans...
Detailed price information for Kimco Realty Corp (KIM-N) from The Globe and Mail including charting and trades.
Detailed price information for Kimco Realty Corp (KIM-N) from The Globe and Mail including charting and trades.
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