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Kimco Realty plans to price offering of senior notes due 2028
By Marisa Wong
Los Angeles, Aug. 10 – Kimco Realty Corp. plans to price senior notes due 2028, according to a 424B5 filing with the Securities and Exchange Commission.
BofA Securities, Inc., Citigroup Global Markets Inc., Morgan Stanley & Co. LLC and U.S. Bancorp Investments, Inc. are the joint bookrunners.
Proceeds will be used to redeem all of Kimco Realty’s outstanding 3.2% notes due May 2021.
The New Hyde Park, N.Y.-based real estate investment trust owns and operates open-air shopping centers.
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