Market Overview

Kimco Realty Announces Redemption Price for its 6.875% Senior Notes due 2019


Kimco Realty Corp. (NYSE:KIM) today announced that it has established
the redemption price of $1,042.54 for each $1,000 principal amount of
its 6.875% Senior Notes due 2019 (CUSIP No. 49446R AJ8) (the "Senior
Notes"), calculated in accordance with the terms of the indenture
governing the Senior Notes, plus accrued and unpaid interest on the
Senior Notes to, but excluding, the redemption date of August 23, 2018.
Kimco previously announced, on July 24, 2018, that it would redeem
$300,000,000 aggregate principal amount of its outstanding Senior Notes
on the redemption date.

A notice of redemption and related materials was provided to holders of
record of the Senior Notes on July 24, 2018, and a supplemental notice
of redemption, dated August 20, 2018, has been provided to holders of
record of the Senior Notes. Holders that hold their Senior Notes through
the Depository Trust Company ("DTC") will be redeemed in accordance with
the applicable procedures of DTC. Questions relating to the notice of
redemption, supplemental notice of redemption and related materials
should be directed to The Bank of New York Mellon, in its capacity as
paying agent for the redemption of the Senior Notes (the "Paying
Agent"), at 1-800-254-2826. The address of the Paying Agent is The Bank
of New York Mellon, 500 Ross Street, 12th Floor, Pittsburgh,
Pennsylvania 15262.

This news release shall not constitute an offer to sell, or the
solicitation of an offer to buy, any security and shall not constitute
an offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale would be unlawful.


Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT)
headquartered in New Hyde Park, N.Y., that is one of North America's
largest publicly traded owners and operators of open-air shopping
centers. As of June 30, 2018, the company owned interests in 460 U.S.
shopping centers comprising 79 million square feet of leasable space
primarily concentrated in the top major metropolitan markets. Publicly
traded on the NYSE since 1991, and included in the S&P 500 Index, the
company has specialized in shopping center acquisitions, development and
management for 60 years.


The statements in this news release state the company's and management's
intentions, beliefs, expectations or projections of the future and are
forward-looking statements. It is important to note that the company's
actual results could differ materially from those projected in such
forward-looking statements. Factors which may cause actual results to
differ materially from current expectations include, but are not limited
to, (i) general adverse economic and local real estate conditions, (ii)
the inability of major tenants to continue paying their rent obligations
due to bankruptcy, insolvency or a general downturn in their business,
(iii) financing risks, such as the inability to obtain equity, debt or
other sources of financing or refinancing on favorable terms to the
company, (iv) the company's ability to raise capital by selling its
assets, (v) changes in governmental laws and regulations and
management's ability to estimate the impact of such changes, (vi) the
level and volatility of interest rates and foreign currency exchange
rates and management's ability to estimate the impact thereof, (vii)
risks related to the Company's international operations, (viii) the
availability of suitable acquisition, disposition, development and
redevelopment opportunities, and risks related to acquisitions not
performing in accordance with our expectations, (ix) valuation and risks
related to the company's joint venture and preferred equity investments,
(x) valuation of marketable securities and other investments, (xi)
increases in operating costs, (xii) changes in the dividend policy for
the company's common and preferred stock and the Company's ability to
pay dividends at current levels, (xiii) the reduction in the company's
income in the event of multiple lease terminations by tenants or a
failure by multiple tenants to occupy their premises in a shopping
center, (xiv) impairment charges and (xv) unanticipated changes in the
company's intention or ability to prepay certain debt prior to maturity
and/or hold certain securities until maturity. Additional information
concerning factors that could cause actual results to differ materially
from those forward-looking statements is contained from time to time in
the company's SEC filings.

The company refers you to the documents filed by the company from time
to time with the SEC, specifically the section titled "Risk Factors" in
the company's Annual Report on Form 10-K for the year ended December 31,
2017, as may be updated or supplemented in the company's Quarterly
Reports on Form 10-Q and the company's other filings with the SEC, which
discuss these and other factors that could adversely affect the
company's results. The company disclaims any intention or obligation to
update the forward-looking statements, whether as a result of new
information, future events or otherwise.

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