Kite Realty Group Trust Announces Pricing of $300 Million Senior Notes Offering
Kite Realty Group Trust announced the pricing of a $300 million Senior Notes offering by its operating partnership, Kite Realty Group, L.P. The notes, maturing in 2032, carry an interest rate of 5.200% and were issued at 99.513% of par value, resulting in a yield to maturity of 5.281%. Interest on the notes is payable semi-annually starting on February 15, 2026. The offering is expected to close on June 27, 2025, subject to customary closing conditions. The net proceeds from this offering are intended to be used for repaying outstanding indebtedness and for general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kite Realty Group Trust published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9470445-en) on June 17, 2025, and is solely responsible for the information contained therein.
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