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Regency Centers Prices $325 Million Senior Unsecured Notes Offering
Aug 12, 2024•almost 2 years ago
Contract Type
partnership
JacksonvilleReal Estate
Description
Regency Centers, L.P., the operating partnership of Regency Centers Corporation, has priced a $325 million public offering of senior unsecured notes due 2035 under its existing shelf registration. The net proceeds of the offering will be used to reduce the outstanding balance on its line of credit and for general corporate purposes.
Company Information
Company
Portfolio of Five Premier Shopping Centers
Location
Jacksonville, North Carolina, United States
About
The acquired portfolio consists of five suburban shopping centers located within the Rancho Mission Viejo master-planned community. These centers include Bridgepark Plaza, Mercantile West, Mercantile East, Terrace Shops, and Sendero Marketplace. The portfolio is 97% leased and hosts tenants including grocers and personal service providers.
JacksonvilleReal Estate