JACKSONVILLE, FL --(BUSINESS WIRE)-- Regency Centers
Corporation (“Regency” or the “Company”; NYSE:REG) announced the pricing of an
underwritten public offering of 2,500,000 shares of its common stock in
connection with the forward sale agreement described below, which will result
in approximately $168.5 million of gross proceeds (assuming such forward sale
agreement is physically settled based on the offer price to the public of
$67.40, as described more fully below), before any underwriting discount and
offering expenses.
The Company also granted the underwriter a 30-day option to
purchase up to 375,000 additional shares of its common stock.
The offering is being made pursuant to the Company’s
effective shelf registration statement and prospectus filed by Regency with the
Securities and Exchange Commission. Wells Fargo Securities is acting as sole
manager for the offering.
The offering is expected to close on January 21, 2015.
For a complete
copy of the company’s news release, please contact:
Regency Centers Corporation
Patrick Johnson, 904-598-7422
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