Regency Centers Expands Credit Facilities with New $550 Million Unsecured Term Loan

JACKSONVILLE, Fla., Nov. 10, 2026 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency,” “Regency Centers,” or the “Company”) (Nasdaq: REG) announced today that the Company and its operating partnership, Regency Centers, L.P. (the “Operating Partnership”), entered into an amended and restated credit agreement (the “Credit Agreement”). The Credit Agreement provides for a senior unsecured revolving credit facility in an aggregate principal amount of $1.5 billion (the “Revolving Credit Facility”) with a maturity date of November 8, 2030, and a senior unsecured delayed draw term loan facility in an aggregate principal amount of $550.0 million (the “Term Loan Facility”) with a maturity date of February 10, 2031, each subject to two six-month extension options, subject to the satisfaction of certain conditions.

The Revolving Credit Facility and Term Loan Facility bear interest at SOFR plus an applicable margin that is determined based on the Operating Partnership's long-term unsecured credit ratings, subject to adjustment based on the ratio of the Company’s consolidated indebtedness to total asset value. At the time of closing, the effective interest rate for the Revolving Credit Facility was SOFR plus 67.5 basis points and the effective interest rate for the Term Loan Facility was SOFR plus 75.0 basis points.