KRG
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Kite Realty Group Announces Pricing for $300 Million Senior Notes Offering
Kite Realty Group Trust (KRG) announced a $300 million senior notes offering by Kite Realty Group, L.P., consisting of 5.200% Senior Notes due 2032. The notes are offered at 99.513% of face value, yielding 5.281% to maturity, with semi-annual interest payments. Proceeds will be used to repay debt and for general corporate purposes. Closing is expected on June 27, 2025. KRG, a REIT focused on grocery-anchored properties, owns 180 shopping centers.