Kimco Realty prices $500M of 2.250% notes due 2031 at 2.301% yield

KIMCO REALTY CORP

$500M aggregate principal of 2.250% notes due December 1, 2031; effective yield 2.301%.
Settlement expected September 22, 2021, subject to customary closing conditions.
Net proceeds to repay borrowings under revolving credit facility and fund acquisitions/redevelopment.
Joint book-running managers: BofA Securities, PNC Capital Markets, Truist Securities, Wells Fargo.

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