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Kite Realty Group 3.250% 15-Apr-2032

Issuer / Guarantor Kite Realty Group LP
Size USD 345mn
Type Convertible
Leads Goldman Sachs, BoA, JP Morgan, Wells Fargo, KeyBanc Capital Markets, Jefferies, TD Cowen
Maturity 15 Apr 2032 (5.8 years)
Coupon 3.25% (3.25 - 3.75%)
Premium 22.5% (17.5 - 22.5%)
Calls NC3; PC @ 130% w table MW
Puts t/o @ 100%
Div protection Ratio adjustment (for excess above threshold)
T/o protection Make-whole table
CoCo 130% to Jan 2032 (5.5 yrs)
Announced 29 Jun 2026


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