| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 500.000 | 10 | Mar-34 | Sr. Unsecured | Baa1 | BBB+ | - | Fixed | Tsy | T+200 a | T+178 | 178 | 6.40% | 3 | 99.59000 |
Tranche Comments
10 yr: Book size: 1600; First Pay: 2024-03-01; Redemption: 2033-12-01; Registration: Registered; Comments: US$500m 6.40% cpn 10yr(3/1/34) at 99.590, yld 6.456%. Spread: T+178bp. MWC T+30bp. Par Call: 3m;
Deal Comments
Active Bookrunners: WFS(B&D), MOS, RBC, TDS. Passive Bookrunners: BAM, MIZ, SCO
Guarantor(s)
Kimco Realty Corp
Use of Proceeds
Repay debt, for general corporate purposes and funding for suitable investments and redevelopment opportunities