Kimco Realty Files 8-K on Convertible Preferred Stock
Ticker: KIM-PN · Form: 8-K · Filed: Jun 26, 2025 · CIK: 879101
| Field | Detail |
|---|---|
| Company | Kimco Realty Corp (KIM-PN) |
| Form Type | 8-K |
| Filed Date | Jun 26, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, preferred-stock, debt-agreement
Related Tickers: KIM
TL;DR
KIM filed an 8-K on 6/26/25 detailing convertible preferred stock agreements.
AI Summary
On June 26, 2025, Kimco Realty Corp. (KIM) filed an 8-K to report the entry into a material definitive agreement related to its 7.250% Class N Cumulative Convertible Perpetual Depositary Shares. The filing also includes information on its 5.125% Class L Cumulative Redeemable Preferred Stock.
Why It Matters
This filing provides crucial details about Kimco Realty's capital structure and financing arrangements, which can impact investor confidence and the company's financial flexibility.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of material agreements and does not indicate any immediate financial distress or significant new risks.
Key Numbers
- 7.250% — Class N Preferred Stock Rate (Interest rate on the convertible perpetual depositary shares)
- 5.125% — Class L Preferred Stock Rate (Interest rate on the cumulative redeemable preferred stock)
Key Players & Entities
- Kimco Realty Corp. (company) — Filer of the 8-K
- Kimco Realty OP, LLC (company) — Related entity to the filer
- 7.250% Class N Cumulative Convertible Perpetual Depositary Shares (dollar_amount) — Subject of a material definitive agreement
- 5.125% Class L Cumulative Redeemable Preferred Stock (dollar_amount) — Related financial instrument mentioned
FAQ
What is the specific nature of the material definitive agreement entered into by Kimco Realty Corp. on June 26, 2025?
The filing indicates the agreement pertains to the 7.250% Class N Cumulative Convertible Perpetual Depositary Shares, but the exact terms are not detailed in the provided excerpt.
What is the par value of the 5.125% Class L Cumulative Redeemable Preferred Stock mentioned?
The filing states the 5.125% Class L Cumulative Redeemable Preferred Stock has a $100 par value.
What is Kimco Realty Corp.'s fiscal year end?
Kimco Realty Corp.'s fiscal year ends on December 31.
What is the SEC file number for Kimco Realty Corp.'s 8-K filing?
The SEC file number for Kimco Realty Corp. is 001-10899.
Where is Kimco Realty Corp. headquartered?
Kimco Realty Corp. is headquartered in Jericho, NY.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 26, 2025 regarding KIMCO REALTY CORP (KIM-PN).