Regency Centers Corp. will redeem April 2 its outstanding $150 million of 6.0% senior unsecured notes due June 15, 2020.
The redemption price is expected to be approximately $163 million, including applicable interest and a make-whole amount as defined in such indenture, according to a March 1 release.
The shopping center-focused retail real estate investment trust will finance the redemption through proceeds generated from a $300 million debt offering.
