Kimco Realty Announces Upsized Term Loan to $590 Million
Kimco Realty Corporation (HC) (KIM)
Last kimco realty corporation (hc) earnings: 1/30 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.kimcorealty.com
Company Research
Source: Business Wire
- Company Obtains Additional $215 Million Under Accordion Feature -- Increases Cash Position to over $900 million - JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty Corp. (NYSE:KIM), one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, announced today that it has closed on an incremental $215 million under the accordion feature of its previously announced $375 million unsecured term loan facility, bringing total borrowings under the facility to $590 million. In addition, the company has the ability to increase this amount by an additional $535 million, to more than $1.1 billion under the accordion feature, subject to further syndication.The term loan is scheduled to mature April 2021, extendable at Kimco’s option for one year until April 2022. Interest on the term loan borrowings under the Credit Agreement accrues at a spread (currently 1.400%) to LIBOR or, at the company’s option, a spread (currently 0
Show less
Read more
Impact Snapshot
Event Time:
KIM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KIM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KIM alerts
High impacting Kimco Realty Corporation (HC) news events
Weekly update
A roundup of the hottest topics
KIM
News
- Federal Realty Investment beats Q1 revenue estimates, raises FFO forecast [Yahoo! Finance]Yahoo! Finance
- Kimco (KIM) Beats Q1 FFO & Revenue Estimates, Revises Outlook [Yahoo! Finance]Yahoo! Finance
- Kimco Realty (KIM) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Kimco raises annual FFO forecast on strong leasing demand [Reuters]Reuters
- Kimco raises annual FFO forecast on strong leasing demand [Yahoo! Finance]Yahoo! Finance
KIM
Earnings
- 5/2/24 - Beat
KIM
Sec Filings
- 5/3/24 - Form 10-Q
- 4/9/24 - Form SC
- 3/25/24 - Form ARS
- KIM's page on the SEC website