{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-000247","form_type":"8-K","ticker":null,"cik":"0001959472","company_name":"Kimco Realty OP, LLC","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.377660+00:00","generated_at":"2026-06-07T04:53:56.356902+00:00","sec_items":["1.01","3.02","3.03","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Kimco Realty closes acquisition of RPT Realty; adds 56 shopping centers, expects $34M cost synergies","bullets":["Acquisition completed Jan 2, 2024; RPT common holders received 0.6049 Kimco shares per RPT share.","Added 56 open-air shopping centers (13.3M sq ft) to Kimco's 527-property portfolio.","All-stock transaction; Kimco issued ~53M common shares and ~1,849 Class N preferred shares (depositary).","Initial cost synergies of ~$34M, ~85% expected in 2024; leverage-neutral and earnings accretive.","Stub dividend declared on Class N Preferred: $0.14097 per depositary share payable Jan 16, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-000247","json":"https://secwatch.observer/filing/0001140361-24-000247.json","markdown":"https://secwatch.observer/filing/0001140361-24-000247.md","text":"https://secwatch.observer/filing/0001140361-24-000247.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1959472/000114036124000247/0001140361-24-000247-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/879101/000114036124000247/ny20017682x2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:53:56.356902+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"961493a23df68f5d7d9bb95825abf9642d837e5c","claim":"Kimco Realty OP, LLC: Filed Articles Supplementary designating preferences, rights and limitations of 7.25% Class N Cumulative Convertible Perpetual Preferred Stock (effective 2024-01-02).","evidence_excerpt":"Kimco filed Articles Supplementary (the “Articles Supplementary”) with the State Department of Assessments and Taxation of the State of Maryland, which Articles Supplementary became effective on January 2, 2024, designating the preferences, rights and limitations of the 7.25% Class N Cumulative Convertible Perpetual Preferred Stock","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959472/000114036124000247/0001140361-24-000247-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-01-02"}],"fact_type":"governance_change"},{"claim_id":"063fbd29ca4fc1f41f86c77326abb97633884a5a","claim":"Kimco Realty OP, LLC amended Seventh Amended and Restated Credit Agreement (Syndicated Term Loan Agreement) with JPMorgan Chase Bank, N.A. valued at $50M tranche A-1 term loans maturing Nov 2026, $100M A-2 maturing Feb 2027, $50M A-3 maturing Aug 20 (effective 2024-01-02).","evidence_excerpt":"On January 2, 2024, Kimco OP and the lenders under RPT OP's then-existing unsecured credit agreement agreed to terminate the revolving commitments under RPT OP's existing unsecured credit agreement and that Kimco OP would assume RPT OP's obligations under its then-existing unsecured term loans and amend and restate the terms of those unsecured term loans in the form of the Seventh Amended and Restated Credit Agreement (the \"Syndicated Term Loan Agreement\"), dated January 2, 2024, by and between Kimco OP, JPMorgan Chase Bank, N.A. and the other parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959472/000114036124000247/0001140361-24-000247-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"$50M tranche A-1 term loans maturing Nov 2026, $100M A-2 maturing Feb 2027, $50M A-3 maturing Aug 20"},{"label":"Effective","value":"2024-01-02"}],"fact_type":"material_agreement"},{"claim_id":"1438660ca232c19643a4f94f4c6b899219d19e1d","claim":"Kimco Realty OP, LLC entered into TD Credit Agreement with TD Bank, N.A. valued at $200,000,000 unsecured term loan facility (effective 2024-01-02).","evidence_excerpt":"On January 2, 2024, Kimco OP entered into a new unsecured term loan credit facility pursuant to a credit agreement (the \"TD Credit Agreement\"), among Kimco OP, TD Bank, N.A., as administrative agent and the other parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959472/000114036124000247/0001140361-24-000247-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"TD Bank, N.A."},{"label":"Value","value":"$200,000,000 unsecured term loan facility"},{"label":"Effective","value":"2024-01-02"}],"fact_type":"material_agreement"},{"claim_id":"85dc83cfa71d288c2b1b6de9911f09efffd4fbb8","claim":"Kimco Realty OP, LLC amended Amended and Restated Limited Liability Company Agreement with Kimco OP valued at Amended and Restated Limited Liability Company Agreement of Kimco OP providing for creation of Class (effective 2024-01-02).","evidence_excerpt":"On January 2, 2024, Kimco, as managing member of Kimco OP, entered into an amended and restated limited liability company agreement of Kimco OP (the \"Amended and Restated Limited Liability Company Agreement\"), providing for, among other things, the creation of Class N Preferred Units of Kimco OP, having the preferences, rights and limitations set forth therein (the \"Kimco OP Class N Preferred Units\"), and certain modifications to the provisions regarding LTIP Units (as defined in the Amended and Restated Limited Liability Company Agreement), including provisions governing distribution and tax allocation requirements and the procedures for converting LTIP Units.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1959472/000114036124000247/0001140361-24-000247-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Kimco OP"},{"label":"Value","value":"Amended and Restated Limited Liability Company Agreement of Kimco OP providing for creation of Class"},{"label":"Effective","value":"2024-01-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}