Deal Details
Follow-On Offering
Summary
Baird served as a co-manager on this offering.
About
Regency Centers Corporation (the “Company”) (NYSE:REG) recently completed a follow-on offering of 5,002,500 shares at a price of $79.977 per share, generating gross proceeds of approximately $400 million. The Company intends to use the net proceeds from this offering for debt repayment, future investment activity and general corporate purposes.Regency Centers Corporation is a publicly-traded REIT and currently owns direct or partial interests in 314 shopping centers, the majority of which are grocery-anchored community and neighborhood centers. The Company’s centers are located in the top markets of 26 states and the District of Columbia, and contain 37.8 million square feet of gross leasable area. The Company is headquartered in Jacksonville, Florida.
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- Date
- July 2016
- Company
- Regency Centers Corporation
- Transaction
- M&A
- Sectors
- Real Estate
- Target Geography
- North America
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