JACKSONVILLE,
Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (“Regency” or the
“Company”) (NYSE:REG) announced today that its operating partnership, Regency
Centers, L.P., priced a public offering of $250 million 3.90% unsecured notes
due 2025 (the “Notes”).
The Notes are due November 1, 2025 and were
priced at 99.264%. Interest on the notes is payable semiannually on May 1st and
November 1st of each year, with the first payment on November 1, 2015.
The net proceeds from the
sale of the Notes will be used to pay amounts outstanding under the Company’s
line of credit. Settlement of the offering is subject to customary closing
conditions and is expected to occur on August 17, 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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