News: Kimco Realty Corp (KIM.N)

KIM.N on New York Stock Exchange

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Fri, Jun 6 2014

Mexico's Fibra Shop says to buy properties from Kimco Realty

MEXICO CITY, June 5 - Mexican real estate investment trust (REIT) Fibra Shop said its shareholders had approved the purchase of three shopping centers in the country worth around 1.5 billion pesos ($116 million).

Fitch Rates Kimco's $500MM 3.2% Senior Unsecured Notes Due 2021 'BBB+'

(The following statement was released by the rating agency) NEW YORK, April 17 (Fitch) Fitch Ratings has assigned a credit rating of 'BBB+' to the $500 million of 3.2% senior unsecured notes due 2021. The notes were priced at 99.8% of par to yield 3.232% to maturity at a 105 bps spread to the benchmark Treasury. The company intends to use the net proceeds for general corporate purposes including reducing borrowings under the revolving credit facility and to pre-fund certain near-term debt m

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