{"filing":{"accession_number":"0001104659-26-080362","cik":"0001286043","ticker":"KRG","company_name":"KITE REALTY GROUP TRUST","form":"8-K","filing_date":"2026-07-02","report_date":null,"primary_document":"tm2619631d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1286043/000110465926080362/tm2619631d1_8k.htm"},"events":[{"id":15910,"run_id":14189,"accession_number":"0001104659-26-080362","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.96,"summary":"Kite Realty Group's operating partnership issued $345 million aggregate principal amount of 3.25% Exchangeable Senior Notes due 2032 on July 2, 2026, pursuant to an Indenture with U.S. Bank Trust Company as trustee. The notes are senior unsecured obligations exchangeable into approximately 11.9 million common shares, with net proceeds of approximately $335.7 million used for debt repayment and share repurchases.","company_name":"KITE REALTY GROUP TRUST","ticker":"KRG","filing_date":"2026-07-02","form":"8-K","submitted_at":null,"items":[{"id":13830,"accession_number":"0001104659-26-080362","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Kite Realty Group's operating partnership issued $345 million aggregate principal amount of 3.25% Exchangeable Senior Notes due 2032 on July 2, 2026, pursuant to an Indenture with U.S. Bank Trust Company as trustee. This is a material creation of a direct financial obligation—a debt issuance—with net proceeds of approximately $335.7 million used for capital allocation including share repurchases and debt repayment. The exchangeable feature does not change the fundamental character of the transaction as a debt issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"","ticker":null,"filing_date":""},{"id":13831,"accession_number":"0001104659-26-080362","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"Item 2.03 discloses the creation of a direct financial obligation through the issuance of $300 million (expanded to $345 million with overallotment) of 3.25% exchangeable senior notes due 2032 by Kite Realty Group, L.P. The press releases detail the pricing, terms, maturity date, exchange features, and use of proceeds. This is a classic debt issuance event under Item 2.03, distinct from a covenant breach or other debt-related trouble.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"","ticker":null,"filing_date":""},{"id":13833,"accession_number":"0001104659-26-080362","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the pricing (June 30, 2026) and closing (July 2, 2026) of a $300 million offering of 3.25% exchangeable senior notes due 2032, expanded to $345 million with full exercise of the overallotment option. This is a material creation of direct financial obligations by the Operating Partnership, a classic debt issuance event. The press releases detail the terms, exchange features, redemption provisions, and use of proceeds (including repayment of existing $300 million notes due 2026), all hallmarks of a material debt capital raise.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":15911,"run_id":14189,"accession_number":"0001104659-26-080362","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The operating partnership issued $345 million of exchangeable senior notes to qualified institutional buyers under Rule 144A as an unregistered private placement, with the notes exchangeable into approximately 11.9 million common shares at an initial exchange rate of 28.2466 shares per $1,000 principal.","company_name":"KITE REALTY GROUP TRUST","ticker":"KRG","filing_date":"2026-07-02","form":"8-K","submitted_at":null,"items":[{"id":13832,"accession_number":"0001104659-26-080362","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered sale of exchangeable senior notes ($300 million, later $345 million with overallotment) issued to qualified institutional buyers under Rule 144A. The Notes are exchangeable into up to approximately 11.9 million common shares (based on initial exchange rate of 28.2466 shares per $1,000 principal), creating significant dilution potential. This is a classic dilutive issuance—a private placement of convertible/exchangeable securities that will result in equity dilution upon exchange, with the company also conducting concurrent share repurchases and capped call hedges to manage dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":13830,"accession_number":"0001104659-26-080362","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Kite Realty Group's operating partnership issued $345 million aggregate principal amount of 3.25% Exchangeable Senior Notes due 2032 on July 2, 2026, pursuant to an Indenture with U.S. Bank Trust Company as trustee. This is a material creation of a direct financial obligation—a debt issuance—with net proceeds of approximately $335.7 million used for capital allocation including share repurchases and debt repayment. The exchangeable feature does not change the fundamental character of the transaction as a debt issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"KITE REALTY GROUP TRUST","ticker":"KRG","filing_date":"2026-07-02"},{"id":13831,"accession_number":"0001104659-26-080362","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"Item 2.03 discloses the creation of a direct financial obligation through the issuance of $300 million (expanded to $345 million with overallotment) of 3.25% exchangeable senior notes due 2032 by Kite Realty Group, L.P. The press releases detail the pricing, terms, maturity date, exchange features, and use of proceeds. This is a classic debt issuance event under Item 2.03, distinct from a covenant breach or other debt-related trouble.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"KITE REALTY GROUP TRUST","ticker":"KRG","filing_date":"2026-07-02"},{"id":13832,"accession_number":"0001104659-26-080362","item_number":"3.02","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered sale of exchangeable senior notes ($300 million, later $345 million with overallotment) issued to qualified institutional buyers under Rule 144A. The Notes are exchangeable into up to approximately 11.9 million common shares (based on initial exchange rate of 28.2466 shares per $1,000 principal), creating significant dilution potential. This is a classic dilutive issuance—a private placement of convertible/exchangeable securities that will result in equity dilution upon exchange, with the company also conducting concurrent share repurchases and capped call hedges to manage dilution.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"KITE REALTY GROUP TRUST","ticker":"KRG","filing_date":"2026-07-02"},{"id":13833,"accession_number":"0001104659-26-080362","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses the pricing (June 30, 2026) and closing (July 2, 2026) of a $300 million offering of 3.25% exchangeable senior notes due 2032, expanded to $345 million with full exercise of the overallotment option. This is a material creation of direct financial obligations by the Operating Partnership, a classic debt issuance event. The press releases detail the terms, exchange features, redemption provisions, and use of proceeds (including repayment of existing $300 million notes due 2026), all hallmarks of a material debt capital raise.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-02T20:36:52.030255+00:00","company_name":"KITE REALTY GROUP TRUST","ticker":"KRG","filing_date":"2026-07-02"}]}