Regency Centers Prices $400 Million Senior Unsecured Notes Offering

Core Viewpoint - Regency Centers Corporation announced a $400 million public offering of senior unsecured notes due 2032, with a coupon rate of 5.00% and maturing on July 15, 2032 [1][2]. Group 1: Offering Details - The notes were issued at 99.279% of par value, with interest payable semiannually on January 15 and July 15, starting January 15, 2026 [1]. - The net proceeds from the offering will be used to reduce the outstanding balance on its line of credit, repay$ 250 million of 3.90% notes due November 1, 2025, and for general corporate purposes [2]. Group 2: Underwriters - The offering is managed by Wells Fargo Securities, BofA Securities, J.P. Morgan Securities, TD Securities, PNC Capital Markets, Regions Securities, and U.S. Bancorp Investments as joint book-running managers [3]. Group 3: Company Overview - Regency Centers is a leading national owner, operator, and developer of shopping centers, focusing on suburban trade areas with strong demographics [7]. - The company operates as a fully integrated real estate investment trust (REIT) and is a member of the S&P 500 Index [7].