<SEC-DOCUMENT>0001398432-17-000167.txt : 20171211
<SEC-HEADER>0001398432-17-000167.hdr.sgml : 20171211
<ACCEPTANCE-DATETIME>20171211163407
ACCESSION NUMBER:		0001398432-17-000167
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20171211
DATE AS OF CHANGE:		20171211

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:		171249831

	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>
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<TYPE>FWP
<SEQUENCE>1
<FILENAME>i14090.htm
<DESCRIPTION>FWP
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<TITLE>FWP</TITLE>
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<P style="margin:0px" align=right><B><I>Filed pursuant to Rule 433</I></B></P>
<P style="margin:0px" align=right><B><I>December 11, 2017</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 December 11, 2017 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<BR>
9,200,000 DEPOSITARY SHARES<BR>
EACH REPRESENTING 1/1000 OF A SHARE OF 5.25% CLASS M <BR>
CUMULATIVE REDEEMABLE PREFERRED STOCK</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><U>FINAL TERM SHEET</U></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=256.8 /><TD width=434.4 /></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px; padding-right:-24px">Issuer:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px; padding-right:-24px">Kimco Realty Corporation</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Securities Offered:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">Depositary shares each representing 1/1000 of a share of 5.25% Class M cumulative redeemable preferred stock</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Transaction Size:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">9,200,000 depositary shares </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Over-Allotment Option:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">1,380,000 depositary shares</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Public Offering Price:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">$25.00 per depositary share </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Type of Security:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">SEC Registered</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Ratings*:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">Moody&#146;s: Baa2 (Stable), S&amp;P: BBB- (Stable), Fitch: BBB-(Stable)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Maturity:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">Perpetual (unless redeemed by the Issuer pursuant to its optional redemption right on or after December 20, 2022)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Redemption:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">The Class M preferred stock and the depositary shares representing the Class M preferred stock are not redeemable until December 20, 2022. &nbsp;On or after December 20, 2022, such shares may be redeemed for cash at the Issuer&#146;s option, in whole or in part, at a redemption price of $25,000.00<B> </B>per share of the Class M preferred stock (equal to $25.00 per depositary share), plus any accrued and unpaid dividends to, but excluding, the date of redemption</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Aggregate Liquidation Preference:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">$230,000,000 ($25,000.00 per share of Class M preferred stock, equivalent to $25.00<B> </B>per depositary share)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Dividend Rate (Cumulative):</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">Subject to authorization by the Issuer&#146;s Board of Directors and declaration by the Issuer, payable quarterly in arrears on January 15, April 15, July 15 and October 15 of each year, commencing on April 15, 2018 at the rate of 5.25% of the $25,000.00 liquidation preference per year, or $1,312.50<B> </B>per year per share of Class M preferred stock (equal to $1.3125 per year per depositary share), and accruing from, and including, December 20, 2017</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">No full dividends shall be declared or paid or set apart for payment on any class or series of equity securities ranking, as to dividends or payments upon liquidation, dissolution or winding up, on a parity with or junior to the Class M preferred stock unless full cumulative dividends have been or contemporaneously are declared and paid or declared and a sum sufficient for the payment thereof set apart for that payment on the Class M preferred stock for all past dividend periods and the then current dividend period.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Purchase Price by Underwriters:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">$24.2125 per depositary share sold to retail accounts and $24.50 per depositary share sold to institutional accounts</P>
</TD></TR>
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<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=256.8 /><TD width=434.4 /></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Proceeds to Issuer (before expenses):</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">$222,782,312.50 (not including the underwriters&#146; over-allotment option) after deducting the underwriting discount</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Trade Date:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">December 11, 2017</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Settlement Date:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">December 20, 2017 (T+7)</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">CUSIP / ISIN:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">49446R 711 / US49446R7118</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Listing:</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">The Issuer intends to file an application with the NYSE and, if approved, trading is expected to begin within 30 days after the Settlement Date</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px">Joint Book-Running Managers:</P>
</TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">Merrill Lynch, Pierce, Fenner &amp; Smith </P>
<P style="margin:0px; padding-left:65px">Incorporated </P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">Morgan Stanley &amp; Co. LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">UBS Securities LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">Wells Fargo Securities, LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">J.P. Morgan Securities LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px">RBC Capital Markets, LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=434.4><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px">Co-Managers: </P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">Barclays Capital Inc.</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">BNY Mellon Capital Markets, LLC</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">Citigroup Global Markets Inc. </P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=256.8><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=434.4><P style="margin:0px">Mizuho Securities USA LLC</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:20.4px; text-indent:-20.4px"><B>*&nbsp;&nbsp;&nbsp;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 December 11, 2017) 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 website at <U>www.sec.gov</U>. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and preliminary prospectus supplement if you request it by calling (i) Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated, toll-free at 1-800-294-1322, (ii) Morgan Stanley &amp; Co. LCC, toll-free at 1-212-761-6691, (iii) UBS Securities LLC, toll-free at 1-888-827-7275, (iv) Wells Fargo Securities, LLC, toll-free at 1-800-645-3751, (v) J.P. Morgan Securities LLC, collect at 1-212-834-4533 or (vi) RBC Capital Markets, LLC, toll-free at 1-866-375-6829.</B></P>
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