Kite Realty conducts senior notes sale via U.S. Bancorp, BofA

By Devika Patel

Knoxville, Tenn., Sept. 15 – Kite Realty Group, LP will sell senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes will have a make-whole call and a par call.

U.S. Bancorp Investments Inc. and BofA Merrill Lynch are the bookrunners.

Proceeds will be used to pay off the company’s $200 million term loan A, which matures on July 1, 2019, and for general corporate purposes.

Kite Realty is an Indianapolis-based real estate investment trust focused on neighborhood and community shopping centers.

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