JACKSONVILLE, Fla.--(BUSINESS WIRE)--Feb. 26, 2019--
Regency Centers Corporation (“Regency” or the “Company”); (NASDAQ:REG)
today announced the redemption of its outstanding $250 million 4.80%
Senior Unsecured Notes due April 15, 2021 (the “Notes”). On February 26,
2019, the Company notified U.S. Bank National Association, as Trustee,
of its intent to redeem the Notes on March 30, 2019.
The redemption price will be determined in accordance with the
applicable indenture and is expected to be approximately $265.2 million,
including accrued and unpaid interest through the proposed redemption
date and a make-whole amount as defined in such indenture.
About Regency Centers Corporation
Regency Centers is the preeminent national owner, operator, and
developer of shopping centers located in affluent and densely populated
trade areas. Our portfolio includes thriving properties merchandised
with highly productive grocers, restaurants, service providers, and
best-in-class retailers that connect to their neighborhoods,
communities, and customers. Operating as a fully integrated real estate
company, Regency Centers is a qualified real estate investment trust
(REIT) that is self-administered, self-managed, and an S&P 500 Index
member. For more information, please visit RegencyCenters.com.
Forward-looking statements involve risks and uncertainties. Actual
future performance, outcomes and results may differ materially from
those expressed in forward-looking statements. Please refer to the
documents filed by Regency Centers Corporation with the SEC,
specifically the most recent reports on Forms 10-K and 10-Q, which
identify important risk factors which could cause actual results to
differ from those contained in the forward-looking statements.
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Source: Regency Centers Corporation
Laura Clark, 904 598 7831