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Article: Regency Centers Closes Common Stock Offering.
- Article from:
- Investment Weekly News
- Article date:
- May 16, 2009
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Regency Centers Corporation (NYSE:REG) announced the closing of its offering of 10.0 million shares of common stock which included the full exercise of the over-allotment option by its underwriters. The public offering was priced at $32.50 per share. The company intends to use the net proceeds from this offering, which are expected to be approximately $310.5 million, to repay indebtedness and for general corporate purposes. Regency Centers Corporation (NYSE: REG) Regency is the leading national owner, operator, and developer of grocery-anchored and community shopping centers. At March 31, 2009, the company owned 413 retail properties, including those held in ...