Core Viewpoint - Kimco Realty Corporation has announced a public offering of $500 million in 5.300% notes due in 2036, with an effective yield of 5.354% [1] Group 1: Offering Details - The notes will be fully guaranteed by Kimco Realty Corporation and are set to mature on February 1, 2036 [1] - The offering is expected to settle on June 26, 2025, pending customary closing conditions [1] Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including repaying outstanding borrowings under a $2.0 billion unsecured revolving credit facility and funding suitable acquisition, investment, and redevelopment opportunities [2] Group 3: Management and Underwriters - Wells Fargo Securities, LLC and several other financial institutions served as joint book-running managers for the offering [3] Group 4: Company Overview - Kimco Realty is a real estate investment trust (REIT) focused on high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the U.S. [6] - As of March 31, 2025, the company owned interests in 567 shopping centers and mixed-use assets, totaling 101 million square feet of gross leasable space [6]