JACKSONVILLE, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency," "Regency Centers," or the "Company") (NASDAQ:REG) announced today that its operating partnership, Regency Centers, L.P., has priced a $325 million public offering of senior unsecured notes due 2035 (the "Notes") under its existing shelf registration filed with the U.S. Securities and Exchange Commission (the "SEC"). The Notes will mature on January 15, 2035, and were issued at 99.813% of par value with a coupon of 5.100%. Interest on the Notes will be payable semiannually on January 15 and July 15 of each year, with the first payment due and payable on January 15, 2025. The Company will guarantee the payment of principal and interest on the Notes. Regency intends to use the net proceeds of the offering to reduce the outstanding balance on its line of credit and for general corporate purposes, including, but not limited to, the future repayment of outstanding debt. Settlement of the offering is subject to the satisfaction of customary closing conditions and is expected to occur on August 15, 2024. J.P. Morgan Securities LLC, BofA Securities, Inc., PNC Capital Markets LLC, Wells Fargo Securities, LLC, Mizuho Securities USA LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc. are acting as joint book-running managers. BMO Capital Markets Corp., BNY Mellon Capital Markets, LLC, RBC Capital Markets, LLC, Regions Securities LLC, Scotia Capital (USA) Inc. and TD Securities (USA) LLC are acting as senior co-managers. Regency Centers, L.P. has filed a registration statement (including a prospectus and related prospectus supplement) with the SEC with ...