Regency Centers Sells $150M of 10-Year Senior Unsecured Notes

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (NYSE:REG) announced  that its operating partnership, Regency Centers, L.P., completed the sale of $150 million of 6.0% ten-year senior unsecured notes under its existing shelf registration statement.

The notes are due June 15, 2020 and were priced at 99.299%. Interest on the notes will be payable semiannually on June 15th and December 15th of each year, beginning on December 15, 2010. The net proceeds will be used to repay near-term maturing indebtedness and for general corporate purposes.

J.P. Morgan Securities Inc. and Wells Fargo Securities, LLC acted as joint book-running lead managers for the transaction.

The co-managers were Banc of America Securities LLC, Capital One Southcoast Inc., Comerica Securities Inc., Daiwa Securities America Inc., Mitsubishi UFJ Securities (USA) Inc., Mizuho Securities USA Inc., Morgan Keegan & Company Inc., PNC Capital Markets LLC, RBC Capital Markets Corporation, SunTrust Robinson Humphrey Inc. and US Bancorp Investments Inc.

A copy of the prospectus supplement and accompanying prospectus meeting the requirements of Section 10 of the Securities Act of 1933 may be obtained by contacting the underwriters at J.P. Morgan Securities Inc., 383 Madison Avenue, New York, NY 10179 – telephone (212) 834-4533 (call collect) or Wells Fargo Securities, LLC, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262, Attn: Syndicate Operations – telephone (800) 326-5897 or prospectus.specialrequests@wachovia.com.