trending Market Intelligence /marketintelligence/en/news-insights/trending/a_BT1M-JWTJfvGG6ref1VQ2 content esgSubNav
In This List

Regency Centers grosses $400M in common stock offering

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


Regency Centers grosses $400M in common stock offering

Regency CentersCorp. closed a public offeringof 5,002,500 common shares, generating roughly $400 million in gross proceeds.

The underwriters of the offering fully exercised their overallotment option.

Part of the proceeds will go toward redeeming the company's outstanding$300 million 5.875% senior unsecured notes due June 2017.

Regency plans to redeem the notes Aug. 12. It expects the redemptionprice to be approximately $316 million, including accrued and unpaid interest throughthe proposed redemption date and a make-whole amount.