<SEC-DOCUMENT>0001398432-16-000747.txt : 20161101
<SEC-HEADER>0001398432-16-000747.hdr.sgml : 20161101
<ACCEPTANCE-DATETIME>20161101170546
ACCESSION NUMBER:		0001398432-16-000747
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20161101
DATE AS OF CHANGE:		20161101

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:		161965521

	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>a13002.htm
<DESCRIPTION>FWP
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<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" align=right><B><I>Filed pursuant to Rule 433</I></B></P>
<P style="margin:0px" align=right><B><I>November 1, 2016</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 November 1, 2016 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"><BR></P>
<P style="margin:0px" align=center><U>Pricing Term Sheet</U></P>
<P style="margin:0px"><BR></P>

<P style="margin:0px" align=center><B><u>$400,000,000 2.700% Notes due 2024</u></B></P>
<P style="margin:0px"><BR></P>




<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><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=bottom 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=bottom 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">Aggregate Principal Amount Offered Hereby: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=bottom width=424.333><P style="margin:0px">$400,000,000</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=bottom width=424.333><P style="margin:0px">November 1, 2016 </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=bottom width=424.333><P style="margin:0px">November 10, 2016 (T+7)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Maturity Date: </P>
</TD><TD style="margin-top:0px" valign=bottom width=424.333><P style="margin:0px">March 1, 2024</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=bottom width=424.333><P style="margin:0px">March 1 and September 1, commencing on March 1, 2017 </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=bottom width=424.333><P style="margin:0px">2.700% </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=bottom width=424.333><P style="margin:0px">99.489% of the principal amount</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Proceeds to Issuer (before expenses and the underwriting discount): </P>
</TD><TD style="margin-top:0px" valign=bottom width=424.333><P style="margin:0px">$397,956,000</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=bottom width=424.333><P style="margin:0px">1.625% due October 31, 2023</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=bottom width=424.333><P style="margin:0px">1.608% </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=bottom width=424.333><P style="margin:0px">+117 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=bottom width=424.333><P style="margin:0px">2.778% </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Redemption Provisions:</P>
</TD><TD style="margin-top:0px" valign=bottom width=424.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px; padding-left:52.333px">Make-whole Call:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Prior to January 1, 2024, 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+20 bps).</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px; padding-left:52.333px">Par Call:</P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">At any time on or after January 1, 2024, 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; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">CUSIP / ISIN: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">49446R AR0 /US49446RAR03</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Joint Book-Running Managers: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">Citigroup Global Markets Inc. </P>
<P style="margin:0px">Merrill Lynch, Pierce, Fenner &amp; Smith</P>
<P style="margin:0px; padding-left:68.667px">Incorporated</P>
<P style="margin:0px">RBC Capital Markets, LLC</P>
<P style="margin:0px">Wells Fargo Securities, LLC</P>
<P style="margin:0px">Jefferies LLC</P>
<P style="margin:0px">UBS Securities LLC</P>
<P style="margin:0px">U.S. Bancorp Investments, Inc.</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Senior Co-Managers:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Barclays Capital Inc.<BR>
SunTrust Robinson Humphrey, Inc.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Co-Managers:</P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">BBVA Securities Inc.</P>
<P style="margin:0px">Deutsche Bank Securities Inc.</P>
<P style="margin:0px">Mizuho Securities USA Inc.</P>
<P style="margin:0px">Scotia Capital (USA) Inc.</P>
<P style="margin:0px">SMBC Nikko Securities America, Inc.</P>
<P style="margin:0px">TD Securities (USA) LLC</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always"><BR></P>

<P style="margin:0px" align=center><B><U>$350,000,000 4.125% Notes due 2046</U></B></P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><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=bottom 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=bottom 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">Aggregate Principal Amount Offered Hereby: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=bottom 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=bottom width=424.333><P style="margin:0px">November 1, 2016 </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=bottom width=424.333><P style="margin:0px">November 10, 2016 (T+7)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Maturity Date: </P>
</TD><TD style="margin-top:0px" valign=bottom width=424.333><P style="margin:0px">December 1, 2046</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=bottom width=424.333><P style="margin:0px">June 1 and December 1, commencing on June 1, 2017 </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=bottom width=424.333><P style="margin:0px">4.125% </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=bottom width=424.333><P style="margin:0px">99.213% of the principal amount</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Proceeds to Issuer (before expenses and the underwriting discount): </P>
</TD><TD style="margin-top:0px" valign=bottom width=424.333><P style="margin:0px">$347,245,500</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=bottom width=424.333><P style="margin:0px">2.500% due May 15, 2046</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=bottom width=424.333><P style="margin:0px">2.571% </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=bottom width=424.333><P style="margin:0px">+160 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=bottom width=424.333><P style="margin:0px">4.171% </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Redemption Provisions:</P>
</TD><TD style="margin-top:0px" valign=bottom width=424.333><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px; padding-left:52.333px">Make-whole Call:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Prior to June 1, 2046, 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+25 bps).</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px; padding-left:52.333px">Par Call:</P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">At any time on or after June 1, 2046, 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; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">CUSIP / ISIN: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">49446R AQ2 /US 49446RAQ20</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Joint Book-Running Managers: </P>
</TD><TD style="margin-top:0px" valign=top width=424.333><P style="margin:0px">Citigroup Global Markets Inc.</P>
<P style="margin:0px">Merrill Lynch, Pierce, Fenner &amp; Smith</P>
<P style="margin:0px; padding-left:68.667px">Incorporated</P>
<P style="margin:0px">RBC Capital Markets, LLC</P>
<P style="margin:0px">Wells Fargo Securities, LLC</P>
<P style="margin:0px">Deutsche Bank Securities Inc.</P>
<P style="margin:0px">J.P. Morgan Securities LLC</P>
<P style="margin:0px">Morgan Stanley &amp; Co. LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=295.667><P style="margin:0px">Senior Co-Managers:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=424.333><P style="margin:0px">Barclays Capital Inc.</P>
<P style="margin:0px">Regions Securities LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=295.667><P style="margin:0px">Co-Managers:</P>
</TD><TD style="margin-top:0px" 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">BNY Mellon Capital Markets, LLC</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>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:18px; text-indent:-18px"><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 November 1, 2016) 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 Citigroup Global Markets Inc. toll free at 1-800-831-9146; Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated at 1-800-294-1322, RBC Capital Markets, LLC at 1-866-375-6829 and Wells Fargo Securities, LLC at 1-800-645-3751.</B></P>
<P style="margin:0px"><BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: 163A7228 -->
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
