secwatch / observer
8-K filed January 18, 2024, 6:59 PM ET CIK 0001066247
debt confidence high sentiment neutral materiality 0.55

REGENCY CENTERS LP: debt financing — Regency Centers closes $1.5B credit facility and $400M notes offering

REGENCY CENTERS LP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

REGENCY CENTERS LP amended revolving credit of $1.50 billion with Wells Fargo Bank, National Association at SOFR plus a margin that is determined based on the borrower’s long-term unsecure maturing four years (plus two six-month extension options).

Instrument
revolving credit
Principal
$1.50 billion
Counterparty
Wells Fargo Bank, National Association
Rate
SOFR plus a margin that is determined based on the borrower’s long-term unsecure
Maturity
four years (plus two six-month extension options)
Event
amendment
Exact text from the filing
The Credit Agreement provides for an unsecured revolving credit facility in the amount of $1.50 billion for a term of four years (plus two six-month extension options) and includes an accordion feature which permits the borrower to request increases in the size of the revolving loan facility by up to an additional $1.50 billion.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

REGENCY CENTERS LP entered into Sixth Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent valued at $1.50 billion unsecured revolving credit facility (effective 2024-01-18).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as Administrative Agent
Value
$1.50 billion unsecured revolving credit facility
Effective
2024-01-18
Exact text from the filing
Item 1.01 Entry into a Material Definitive Agreement Revolving Credit Facility On January 18, 2024, Regency Centers, L.P. (“RCLP”), as borrower, and Regency Centers Corporation (“ Regency ”), as guarantor, entered into a Sixth Amended and Restated Credit Agreement dated as of January 18, 2024 (the “Credit Agreement”), with the financial institutions party thereto, as Lenders, and Wells Fargo Bank, National Association, as Administrative Agent.
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Source: SEC EDGAR
accession 0001193125-24-010272
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