Kimco Realty® Achieves ‘A3’ Credit Rating from Moody’s

Core Viewpoint - Kimco Realty has achieved an 'A3' credit rating with a stable outlook from Moody's Ratings, positioning the company among a select group of REITs with A-level ratings from major ratings agencies [1][2]. Group 1: Credit Rating and Financial Performance - The upgrade to an 'A3' rating is attributed to Kimco's high-quality, predominantly grocery-anchored shopping center portfolio, which has shown strong operational performance, including solid same property net operating income growth and double-digit leasing spreads [2]. - Kimco's financial structure is characterized by moderate leverage, robust interest coverage, and ample liquidity, contributing to the favorable credit rating [2]. Group 2: Company Overview - Kimco Realty is a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, with a portfolio concentrated in first-ring suburbs of major metropolitan markets [3]. - As of September 30, 2025, the company owned interests in 564 U.S. shopping centers and mixed-use assets, totaling 100 million square feet of gross leasable space [3].