Regency Centers establishes $500M at-the-market equity offering program with multiple agents

REGENCY CENTERS CORP

Aggregate offering price of up to $500M for common stock sold through Sales Agents and Forward Sellers.
New Equity Distribution Agreements with BNY Mellon, BTIG, Regions, and Truist; prior agreements with Regions, Truist, BTIG terminated.
Forward sale agreements allow Company to borrow and sell shares, with expected physical settlement for net proceeds.
Sales Agent commissions capped at 2.0% of gross sales price; Forward Sellers receive reduced forward price commissions.
Shares issued under existing automatic shelf registration statement (File No. 333-270763) dated March 23, 2023.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

REGENCY CENTERS CORP entered into Equity Distribution Agreements with BNY Mellon Capital Markets, LLC, BTIG, LLC, Regions Securities LLC, Truist Securities, Inc. valued at aggregate offering price of up to $500,000,000 (effective 2023-08-08).

Action: entry
Agreement: atm program
Counterparty: BNY Mellon Capital Markets, LLC, BTIG, LLC, Regions Securities LLC, Truist Securities, Inc.
Value: aggregate offering price of up to $500,000,000
Effective: 2023-08-08

Exact text from the filing

On August 8, 2023, Regency Centers Corporation (the “Company”) entered into separate Equity Distribution Agreements, dated August 8, 2023, by and among the Company, Regency Centers, L.P. and each of BNY Mellon Capital Markets, LLC (“BNY”), BTIG, LLC (“BTIG”), Regions Securities LLC (“Regions”), and Truist Securities, Inc. (“Truist”)

View on SEC.gov

120 material agreements filed in the last 30 days. Browse all material agreements →

REGENCY CENTERS CORP filing history →

Source: SEC EDGAR

accession 0001193125-23-206206

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.