Kimco Realty prices $500 million of 5.300% notes due 2036
Kimco Realty Corporation's subsidiary Kimco Realty OP agreed on June 16, 2025 to sell $500 million of 5.300% notes maturing February 1, 2036, with an effective yield of 5.354%. The company plans to use the proceeds for general corporate purposes, including repaying borrowings under its $2.0 billion unsecured revolving credit facility and funding acquisition, investment and redevelopment opportunities.
Key points
- Notes: $500 million aggregate principal, 5.300% coupon, effective yield 5.354%, maturing February 1, 2036
- Offering expected to settle June 26, 2025, subject to customary closing conditions
- Kimco Realty Corporation fully and unconditionally guarantees the notes
- Proceeds may repay borrowings under the $2.0 billion unsecured revolving credit facility
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 17, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.