KIM · 8-K · 20260804PR331498

Liquidity and Debt Position

KIMCO REALTY CORP · 2026-08-04 · Importance 69 · Surprise 50 · From source text

Kimco issued $600.0 million of 3.50% exchangeable senior notes due 2031 during the quarter. Immediate liquidity was $2.7 billion at June 30, 2026, including $700 million of cash, cash equivalents and restricted cash and full availability under the $2.0 billion unsecured revolving credit facility. Notes payable increased to $8.31 billion from $7.72 billion at December 31, 2025, while mortgages payable declined to $431.6 million from $467.2 million. Total assets were $20.03 billion and total liabilities were $9.61 billion at quarter-end.

Key facts

• Issued $600.0 million aggregate principal amount of 3.50% exchangeable senior notes due 2031. source
• Ended the quarter with $2.7 billion of immediate liquidity, including $700 million of cash, cash equivalents and restricted cash, and full availability under the $2.0 billion unsecured revolving credit facility. source
• The associated $35 million mezzanine loan for Pompano Marketplace was repaid in full at closing. source
• Through the Structured Investment Program, received repayments of $44 million and added $19 million of new capital (net receipts inclusive of Pompano repayment). source
• Structured investments, net of repayments year-to-date was $34 million at a weighted average yield of 10.1% and full year outlook remains $75 to $125 million at 8.0% to 10.0% yield. source
• The company incurred an approximately $3.8 million charge related to the preferred stock repurchase that will be recognized in Net income available to common stockholders and FFO during Q3 2026. source

Impact estimates