Wednesday, July 2, 2014

Regency Centers Amends its Unsecured Term Loan Facility


JACKSONVILLE, FL--(BUSINESS WIRE)-- Regency Centers Corporation (NYSE:REG) (“Regency” or the “Company”) announced today an amendment (the “Amendment”) to its existing senior unsecured term loan facility (the “Facility”).

The Amendment established a new Facility size of $165 million, extended the maturity date to June 27, 2019 and reduced the applicable interest rate.

The Facility will bear interest at LIBOR plus 1.15% per annum and is subject to an unused fee of 0.20% per annum on the undrawn balance.

Borrowings under the Facility as of June 30, 2014 total $75 million and the Company has until August 31, 2015 to elect to borrow up to an additional $90 million.

Regency expects to use the Facility for general corporate purposes, including funding its development and redevelopment programs and repaying maturing debt.

For a complete copy of the company’s news release, please contact:

Regency Centers Corporation
Patrick Johnson, 904-598-7422




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