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 Realty achieved record leasing pipelines and FFO growth, while strategically expanding its grocery-anchored and mixed-use portfolio.
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.
These shopping centers are anchored by Publix and Walmart Neighborhood Market. Grocery-anchored retail center sold for $15M Theater-anchored retail plaza sold for $18M Theater-anchored retail...
JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty ® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of...
Kimco Realty Corporation (NYSE:KIM) is included among the 13 Best Dividend Stocks to Buy Under $25. On June 22, Wolfe Research upgraded Kimco Realty Corporation...
Real estate stocks continued their winning streak, outperforming broader markets to close the week on a positive note.
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