Kite Realty Group closes $300M 5.200% Senior Notes due 2032

KITE REALTY GROUP TRUST

Issued $300M aggregate principal of 5.200% Senior Notes due August 15, 2032.
Net proceeds to repay $150M term loan due July 2026, $80M Senior Notes due Sept 2025, and revolver borrowings ( $34M outstanding at 3/31/25).
Notes are unsecured, unsubordinated; rank equally with existing unsecured debt.
Covenants: max leverage 60%, max secured debt 40%, min EBITDA/debt service 1.50x, min unencumbered assets 150% of unsecured debt.
Interest payable semi-annually Feb 15 and Aug 15, beginning Feb 15, 2026.

item 1.01item 2.03item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.