Kimco Realty OP LLC, founded in 2002 and headquartered in New Hyde Park, New York, is a leading owner and operator of open-air shopping centers across the United States. The company is dedicated to enhancing the retail experience by investing in diverse retail properties, focusing on community-oriented centers that feature a mix of national and local retailers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kimco has been an active issuer of bonds since its inception, with significant offerings that have included both unsecured notes and green bonds aimed at sustainable projects. Notable issuances include the $500 million senior unsecured notes launched in 2020, which attracted strong demand, reflecting the company's solid credit profile. Currently, Kimco's bond yields are competitive within the retail real estate sector, benefiting from fewer defaults and a robust recovery in consumer activity post-pandemic.