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$KIM has $1.75Bil unsecured revolving credit facility with a group of banks scheduled to expire in March 2018 with two additional six month options to extend the maturity date, at the company's discretion, to March 2019. This credit facility accrues interest at a rate of LIBOR plus 92.5 BP (1.35% as of Dec. 31, 2015) on drawn funds.
Apple ($AAPL) reported decline in sales and profits from comparable quarter last year, attributing the decline to announcement of iPhone 7/7s. Sales and profit are being guided higher for next quarter. Apple is a solid company and will continue to dominate tech and consumer electronics segment for a while. Personally, looks like there is little downside in this investment.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."