<SEC-DOCUMENT>0001398432-15-000107.txt : 20150323
<SEC-HEADER>0001398432-15-000107.hdr.sgml : 20150323
<ACCEPTANCE-DATETIME>20150323165355
ACCESSION NUMBER:		0001398432-15-000107
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20150323
DATE AS OF CHANGE:		20150323

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KIMCO REALTY CORP
		CENTRAL INDEX KEY:			0000879101
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				132744380
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-202389
		FILM NUMBER:		15719661

	BUSINESS ADDRESS:	
		STREET 1:		3333 NEW HYDE PARK RD
		STREET 2:		PO BOX 5020
		CITY:			NEW HYDE PARK
		STATE:			NY
		ZIP:			11042
		BUSINESS PHONE:		5168699000

	MAIL ADDRESS:	
		STREET 1:		3333 NEW HYDE PARK ROAD
		STREET 2:		PO BOX 5020
		CITY:			NEW HYDE PARKQ
		STATE:			NY
		ZIP:			11042

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KIMCO REALTY CORP
		CENTRAL INDEX KEY:			0000879101
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				132744380
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		3333 NEW HYDE PARK RD
		STREET 2:		PO BOX 5020
		CITY:			NEW HYDE PARK
		STATE:			NY
		ZIP:			11042
		BUSINESS PHONE:		5168699000

	MAIL ADDRESS:	
		STREET 1:		3333 NEW HYDE PARK ROAD
		STREET 2:		PO BOX 5020
		CITY:			NEW HYDE PARKQ
		STATE:			NY
		ZIP:			11042
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>i12706.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
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<HEAD>
<TITLE>FWP</TITLE>
</HEAD>
<BODY leftmargin="25" topmargin="25" style="font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:720px">
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=right><B><I>Filed pursuant to Rule 433</I></B></P>
<P style="margin:0px" align=right><B><I>March 23, 2015</I></B></P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px" align=right><B><I>Relating to</I></B></P>
<P style="margin:0px" align=right><B><I>Preliminary Prospectus Supplement dated March 23, 2015 to</I></B></P>
<P style="margin:0px" align=right><B><I>Prospectus dated February 27, 2015</I></B></P>
<P style="margin:0px" align=right><B><I>Registration Statement No. 333-202389</I></B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><B>Kimco Realty Corporation</B></P>
<P style="margin:0px" align=center><U>Pricing Term Sheet</U></P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=295.667 /><TD width=424.333 /></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Issuer: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Kimco Realty Corporation </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Ratings*: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">Baa1 (stable) by Moody&#146;s Investors Service, Inc. and </P>
<P style="margin:0px">BBB+ (stable) by Standard &amp; Poor&#146;s Ratings Services </P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Size: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">$350,000,000</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Pricing Date: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">March 23, 2015 </P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Settlement Date: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">March 30, 2015 (T+5)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Maturity: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">April 1, 2045</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Interest Payment Dates: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">April 1 and October 1, commencing on October 1, 2015 </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Coupon: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">4.25% </P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Price to Public: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">98.945% </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Proceeds to Issuer (before expenses): </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">$343,245,000</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Benchmark Treasury: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">3.00% due November 15, 2044</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Benchmark Treasury Yield: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">2.513% </P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Spread to Benchmark Treasury: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">+180 bps </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Yield to Maturity: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">4.313% </P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Redemption Provisions/ Make-whole call: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Prior to October 1, 2044, the Notes will be redeemable at the Issuer&#146;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+30 bps). &nbsp;At any time on or after October 1, 2044, the notes will be redeemable at the Issuer&#146;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.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">CUSIP / ISIN: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">49446R AM1/US49446RAM16</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Joint Book-Running Managers: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Merrill Lynch, Pierce, Fenner &amp; Smith</P>
<P style="margin:0px; padding-left:67.333px">Incorporated </P>
<P style="margin:0px">Barclays Capital Inc. </P>
<P style="margin:0px">Deutsche Bank Securities Inc. <BR>
J.P. Morgan Securities LLC</P>
<P style="margin:0px">Morgan Stanley &amp; Co. LLC<BR>
RBC Capital Markets, LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Senior Co-Managers: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">U.S. Bancorp Investments, Inc.</P>
<P style="margin:0px">Wells Fargo Securities, LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Co-Managers: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">BB&amp;T Capital Markets, a division of BB&amp;T Securities, LLC</P>
<P style="margin:0px">BBVA Securities Inc.</P>
<P style="margin:0px">Citigroup Global Markets Inc.</P>
<P style="margin:0px">Mizuho Securities USA Inc.</P>
<P style="margin:0px">Scotia Capital (USA) Inc.</P>
<P style="margin:0px">SunTrust Robinson Humphrey, Inc.</P>
<P style="margin:0px">TD Securities (USA) LLC</P>
<P style="margin:0px">UBS Securities LLC</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:16.8px; text-indent:-16.8px"><B>*&nbsp;&nbsp;&nbsp;Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal by the assigning rating organization at any time. </B></P>

<P style="margin:0px"><BR></P>
<P style="margin:0px"><B>The Issuer has filed a registration statement (including a prospectus dated February 27, 2015 as supplemented by a preliminary prospectus supplement dated March 23, 2015) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and preliminary prospectus supplement in that registration statement, this communication and other documents the Issuer has filed with the SEC for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, you may request the prospectus and preliminary prospectus supplement by calling Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated toll free at (800) 294-1322, Barclays Capital Inc. toll free at (888) 603-5847, or Deutsche Bank Securities Inc. toll free at (800) 503-4611.</B></P>
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