Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers K > Headlines for Kimco Realty Corp. > News item |
Kimco Realty plans to price offering of notes due 2031
By Marisa Wong
Los Angeles, Sept. 13 – Kimco Realty Corp. plans to price notes due 2031, according to a 424B5 filing with the Securities and Exchange Commission.
BofA Securities, Inc., PNC Capital Markets LLC, Truist Securities, Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp. and J.P. Morgan Securities LLC are the joint bookrunners.
The notes will feature a make-whole call and then a par call.
Proceeds will be used for general corporate purposes, including repayment of borrowings under the company’s unsecured revolving credit facility and funding for acquisition and redevelopment opportunities.
The Jericho, N.Y.-based real estate investment trust owns and operates open-air grocery-anchored shopping centers and mixed-use assets in the United States.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.