Regency Centers, L.P. entered into an underwriting agreement on May 8, 2025 to issue and sell $400,000,000 in principal amount of 5.00% Notes due 2032, the company said. The Notes were priced at 99.279% of principal amount, and the offering closed on May 13, 2025, it added.

1. 01

   Regency Centers, L.P. entered into an underwriting agreement on May 8, 2025 to issue and sell $400,000,000 in principal amount of 5.00% Notes due 2032, the company said. The Notes were priced at 99.279% of principal amount, and the offering closed on May 13, 2025, it added.

2. 02

   The Notes bear interest at 5.00% per year and mature on July 15, 2032, the company said. Interest is payable semiannually in arrears on January 15 and July 15, with the first payment due on January 15, 2026. The Notes are unsecured senior debt guaranteed as to principal and interest by Regency Centers Corporation.

3. 03

   Regency Centers expects the estimated net proceeds from the Notes, after deducting the underwriting discount and other estimated offering expenses, to be about $393.7 million, the company said.

4. 04

   The company said it plans to use the net proceeds to reduce the outstanding balance on its line of credit, to repay the $250 million aggregate principal amount of 3.90% notes due November 1, 2025 upon their maturity, and for general corporate purposes, including future repayment of other outstanding debt.

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