 INDIANAPOLIS, March 22, 2021 GLOBE NEWSWIRE -- Kite Realty Group Trust NYSE: KRG the Company announced today that its operating partnership, Kite Realty Group, L.P. the Operating Partnership, has closed its previously announced offering of 175,000,000 aggregate principal amount of 0.75 exchangeable senior notes due 2027. The Operating Partnership also granted the initial purchasers of the notes an option to purchase up to an additional 25,000,000 aggregate principal amount of notes. The notes were sold in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended the Securities Act. 