---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-025223"
form_type: "8-K"
ticker: null
cik: "0001959472"
company_name: "Kimco Realty OP, LLC"
filed_at: "2026-06-15T20:19:59+00:00"
generated_at: "2026-06-15T20:29:30.334088+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kimco Realty OP issues $675M of 3.50% Exchangeable Senior Notes due 2031

## Summary
- Kimco Realty OP issued $675M aggregate principal amount of 3.50% Exchangeable Senior Notes due 2031 (including $75M option notes exercised).
- Notes are exchangeable into Kimco common stock at initial exchange price of ~$32.36/share (30.9028 shares per $1,000 principal).
- Interest at 3.50% payable semi-annually; maturity June 15, 2031; issuer may redeem after June 20, 2029 under certain conditions.
- Notes are senior unsecured obligations, guaranteed by Kimco Realty Corporation; registered resale rights agreement filed.
- Issuer may settle exchanges in cash or combination of cash and shares; maximum of 23.6M shares issuable initially.

## SEC filing metadata
- accession: 0001140361-26-025223
- form_type: 8-K
- cik: 0001959472
- company_name: Kimco Realty OP, LLC
- filed_at: 2026-06-15T20:19:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1959472/000114036126025223/0001140361-26-025223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879101/000114036126025223/ef20076176_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-025223
- JSON: https://secwatch.observer/filing/0001140361-26-025223.json
- Plain text: https://secwatch.observer/filing/0001140361-26-025223.txt

## Key facts
- Material Agreements
  Kimco Realty OP, LLC entered into Indenture for 3.50% Exchangeable Senior Notes due 2031 with U.S. Bank Trust Company, National Association valued at $675,000,000 aggregate principal amount of 3.50% Exchangeable Senior Notes due 2031 (effective 2026-06-15).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $675,000,000 aggregate principal amount of 3.50% Exchangeable Senior Notes due 2031
  - Effective: 2026-06-15
  source text: On June 15, 2026, Kimco Realty OP, LLC (the “ Issuer ”), a subsidiary of Kimco Realty Corporation (the “ Company ”), issued $600,000,000 principal amount of its 3.50% Exchangeable Senior Notes due 2031 (the “ Notes ”). The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of June 15, 2026, among the Issuer, the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1959472/000114036126025223/0001140361-26-025223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.