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

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


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.