Issuer:

Kimco Realty Corporation

Ratings*:

Baa1 (stable) by Moody’s Investors Service, Inc.

BBB+ (stable) by Standard & Poor’s Ratings Services

BBB+ (stable) by Fitch Ratings, Inc.

Aggregate Principal Amount Offered Hereby:

$500,000,000

Pricing Date:

August 1, 2017

Settlement Date:

August 10, 2017 (T+7)

The settlement date of August 10, 2017 is the seventh business day following the date of the preliminary prospectus supplement. Pursuant to Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle within three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes before the third business day prior to the Settlement Date will be required, by virtue of the fact that any such trade would otherwise settle before the close of this offering, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisor with respect to these matters.

Maturity Date:

February 1, 2025

Interest Payment Dates:

February 1 and August 1, commencing on February 1, 2018

Coupon:

3.300%

Price to Public:

99.843% of the principal amount

Proceeds to Issuer (before expenses and the underwriting discount):

$499,215,000

Benchmark Treasury:

2.125% due July 31, 2024

Benchmark Treasury Yield:

2.074%

Spread to Benchmark Treasury:

+125 bps

Yield to Maturity:

3.324%

Redemption Provisions:

Make-whole Call:

Prior to December 1, 2024, the Notes will be redeemable at the Issuer’s option, at a redemption price equal to the sum of (1) an amount equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date and (2) a make-whole premium (T+20 bps).

Par Call:

At any time on or after December 1, 2024, the Notes will be redeemable at the Issuer’s option, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date.

CUSIP / ISIN:

49446R AU3/ US49446RAU32

Joint Book-Running Managers:

Citigroup Global Markets Inc.

Merrill Lynch, Pierce, Fenner & Smith

Incorporated

RBC Capital Markets, LLC

Wells Fargo Securities, LLC

Jefferies LLC

Mizuho Securities USA LLC

Morgan Stanley & Co. LLC

Senior Co-Managers:

BB&T Capital Markets, a division of BB&T Securities, LLC

SunTrust Robinson Humphrey, Inc.

Co-Managers:

Barclays Capital Inc.

BNY Mellon Capital Markets, LLC

Deutsche Bank Securities Inc.

J.P. Morgan Securities LLC

Regions Securities LLC

U.S. Bancorp Investments, Inc.

Issuer:

Kimco Realty Corporation

Ratings*:

Baa1 (stable) by Moody’s Investors Service, Inc.  

BBB+ (stable) by Standard & Poor’s Ratings Services

BBB+ (stable) by Fitch Ratings, Inc.

Aggregate Principal Amount Offered Hereby:

$350,000,000

Pricing Date:

August 1, 2017

Settlement Date:

August 10, 2017 (T+7)

The settlement date of August 10, 2017 is the seventh business day following the date of the preliminary prospectus supplement. Pursuant to Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle within three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes before the third business day prior to the Settlement Date will be required, by virtue of the fact that any such trade would otherwise settle before the close of this offering, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement, and should consult their own advisor with respect to these matters.

Maturity Date:

September 1, 2047

Interest Payment Dates:

March 1 and September 1, commencing on March 1, 2018

Coupon:

4.450%

Price to Public:

99.259% of the principal amount

Proceeds to Issuer (before expenses and the underwriting discount):

$347,406,500

Benchmark Treasury:

3.000% due February 15, 2047

Benchmark Treasury Yield:

2.865%

Spread to Benchmark Treasury:

+163 bps

Yield to Maturity:

4.495%

Redemption Provisions:

Make-whole Call:

Prior to March 1, 2047, the Notes will be redeemable at the Issuer’s option, at a redemption price equal to the sum of (1) an amount equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date and (2) a make-whole premium (T+25 bps).

Par Call:

At any time on or after March 1, 2047, the Notes will be redeemable at the Issuer’s option, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date.

CUSIP / ISIN:

49446R AT6/ US49446RAT68

Joint Book-Running Managers:

Citigroup Global Markets Inc.

Merrill Lynch, Pierce, Fenner & Smith

Incorporated

RBC Capital Markets, LLC

Wells Fargo Securities, LLC

TD Securities (USA) LLC

UBS Securities LLC

U.S. Bancorp Investments, Inc.

Senior Co-Managers:

Regions Securities LLC

Scotia Capital (USA) Inc.

Co-Managers:

Barclays Capital Inc.

BB&T Capital Markets, a division of BB&T Securities, LLC

BNY Mellon Capital Markets, LLC

CIBC World Markets Corp.

Deutsche Bank Securities Inc.

J.P. Morgan Securities LLC