Regency Centers Raises $325 Million in Notes Offering

JACKSONVILLE, Fla., Aug. 12, 2024 – Regency Centers Corporation has announced the pricing of a $325 million public offering of senior unsecured notes due January 15, 2035. The notes, issued at 99.813% of par value with a coupon rate of 5.100%, will be utilized primarily to reduce the outstanding balance on the company’s line of credit and for general corporate purposes, including future debt repayment. The offering is being conducted under an existing shelf registration filed with the U.S. Securities and Exchange Commission (SEC). Interested investors are encouraged to review the registration statement, prospectus, and related documents filed with the SEC for comprehensive information regarding the offering. The company has provided contact details for several underwriters, including J.P. Morgan Securities LLC and BofA Securities, for those seeking further information. Regency Centers emphasizes its portfolio, which features properties that host productive grocers, restaurants, and top-tier retailers, fostering connections within their communities. The company also issued a caution regarding forward-looking statements, which may include anticipated financial and operational outcomes. These statements are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to various risks and uncertainties. Investors are advised that while Regency believes these forward-looking statements are reasonable, they are not guarantees of future performance. The company does not undertake any obligation to update these statements unless required by law, highlighting the inherent risks associated with its business operations.