Fitch affirms Kimco at BBB+

Fitch Ratings said it affirmed the credit ratings of Kimco Realty Corp., including the issuer default rating at BBB+, the unsecured revolving credit facilities at BBB+, the senior unsecured notes at BBB+ and the preferred stock at BBB-.

The outlook is stable.

Fitch said the rating affirmations are based on Kimco's solid track record as a leading owner of community and neighborhood shopping centers; the company's large and diversified pool of retail properties; its experienced leasing and management team and its high quality, diversified tenant mix with a well laddered lease expiration schedule.

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