- Kimco Realty ( NYSE: KIM ) has priced its public offering of $650M of 4.600% notes due 2033 with an effective yield of 4.670%.
- The notes will mature on Feb 01, 2033.
- The company intends to use the net proceeds from the offering to redeem all of its outstanding 3.50% Notes due 2023 and all of its outstanding 3.125% Notes due 2023, and any additional proceeds will be used for general corporate purposes, including, but not limited to, funding for suitable investments and redevelopment opportunities.
For further details see:
Kimco Realty prices offering of $650M notes due 2033