10:36 AM EDT, 09/04/2024 (MT Newswires) -- Kimco Realty ( KIM ) said Wednesday it has increased its unsecured term loan facility to $550 million from $500 million previously.

The real estate investment trust said the amended loan facility added one bank but maintained all other terms.

Proceeds from the facility will be used for general corporate purposes, the company said.

Kimco Realty ( KIM ) shares were 0.8% higher in recent trading.

Price: 23.38, Change: +0.15, Percent Change: +0.62