KITE REALTY GROUP TRUST reported first quarter ended March 31, 2026 results: net income $11.4 million, or $0.06 per diluted share, EPS $0.06 per diluted share. Guidance reaffirmed.
“net income attributable to common shareholders was $11.4 million, or $0.06 per diluted share”
Debt Financings
KITE REALTY GROUP TRUST amended term loan with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment component of the interest rate a.
“The Fourth Amendment provides for certain pricing adjustments applicable to each of the Revolving Facility and the $300M Term Loan, including, among other things, (i) the elimination of the 0.10% SOFR spread adjustment for all loans and (ii) with respect to the $300M Term Loan, a decrease in the interest rate margin from a range of 1.15% to 2.20% to a range of 0.75% to 1.60%, in each case, with the applicable margin level determined according to the credit rating of the Operating Partnership.”
Debt Financings
KITE REALTY GROUP TRUST amended revolving credit with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment for all loans.
“The Fourth Amendment provides for certain pricing adjustments applicable to each of the Revolving Facility and the $300M Term Loan, including, among other things, (i) the elimination of the 0.10% SOFR spread adjustment for all loans and (ii) with respect to the $300M Term Loan, a decrease in the interest rate margin from a range of 1.15% to 2.20% to a range of 0.75% to 1.60%, in each case, with the applicable margin level determined according to the credit rating of the Operating Partnership.”
Debt Financings
KITE REALTY GROUP TRUST incurred senior notes of $300 million with U.S. Bank Trust Company, National Association at 5.200% maturing August 15, 2032.
“completed the previously announced offering of $300 million aggregate principal amount of 5.200% Senior Notes due 2032”
Earnings Releases
KITE REALTY GROUP TRUST reported the first quarter ended March 31, 2024 results: net income net income attributable to common shareholders was $14.2 million, or $0.06 per diluted share. Guidance raised.
“For the quarters ended March 31, 2024 and 2023, net income attributable to common shareholders was $14.2 million, or $0.06 per diluted share, compared to $5.4 million, or $0.02 per diluted share, respectively.”
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