secwatch.observer — SEC 8-K summary
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Issuer:     Kimco Realty OP, LLC (—)
CIK:        0001959472
Form:       8-K
Filed at:   2026-06-15T20:19:59+00:00
Accession:  0001140361-26-025223
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1959472/000114036126025223/0001140361-26-025223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879101/000114036126025223/ef20076176_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-025223

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