Kimco Realty calls all $460 million 7.75% class G preferred stock

By Tali David

Minneapolis, Aug. 15 - Kimco Realty Corp. plans to redeem all 18.4 million depositary shares of its 7.75% class G cumulative redeemable preferred stock, according to a news release.

The depositary shares will be redeemed at $25.00 each plus $0.457465 of accumulated dividends for a total of $468,417,356 on Oct. 10.

Wells Fargo Shareowner Services is the paying agent.

Kimco is a New Hyde Park, N.Y.-based real estate investment trust.

© 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.