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Prospect News home > News index > List of issuers K > Headlines for Kite Realty Group Trust > News item
Published on 7/19/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Retail Properties of America debt to be assumed by Kite in merger

Chicago, July 19 – Retail Properties of America, Inc.’s debt will be assumed by Kite Realty Group Trust as part of a strategic merger, according to a press release.

Certain debt consents will be sought in connection with the all-stock transaction prior to closing. Closing is expected in the fourth quarter.

Kite Realty is an Indianapolis-based real estate investment trust focused on neighborhood and community shopping centers. Retail Properties of America is an Oak Brook, Ill.-based real estate investment trust.


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