[8-K] Regency Centers Corporation Reports Material Event
Item 3.02: On 23 Jul 2025 Regency Centers, L.P., the operating partnership of Regency Centers Corp. (REG), issued 2,773,083 limited common partnership units at $72.00 each, raising roughly $200 million under the Section 4(a)(2) private-placement exemption. Proceeds are being used to help fund the acquisition of five grocery-anchored shopping centers in Orange County, CA.
The units carry an initial lock-up period and may thereafter be exchanged, at holder option and the Company鈥檚 discretion, for cash or one share of REG common stock, introducing potential dilution. No other securities were registered.
Item 7.01: A press release dated 24 Jul 2025 (Ex. 99.1) confirms the transaction鈥檚 closing; the release is furnished, not filed. No financial statements accompanied this Form 8-K.
Voce 3.02: Il 23 luglio 2025 Regency Centers, L.P., la societ脿 operativa di Regency Centers Corp. (REG), ha emesso 2.773.083 unit脿 di partnership limitate comuni a 72,00 $ ciascuna, raccogliendo circa 200 milioni di dollari ai sensi dell鈥檈senzione per collocamento privato prevista dalla Sezione 4(a)(2). I proventi saranno utilizzati per finanziare l鈥�acquisizione di cinque centri commerciali ancorati a supermercati nella Contea di Orange, CA.
Le unit脿 prevedono un periodo iniziale di lock-up e successivamente possono essere scambiate, a scelta del detentore e a discrezione della Societ脿, in contanti o in una azione ordinaria REG, introducendo una possibile diluizione. Non sono stati registrati altri titoli.
Voce 7.01: Un comunicato stampa datato 24 luglio 2025 (Ex. 99.1) conferma la chiusura della transazione; il comunicato 猫 fornito ma non depositato. Nessun bilancio 猫 stato allegato a questo modulo 8-K.
Art铆culo 3.02: El 23 de julio de 2025 Regency Centers, L.P., la sociedad operativa de Regency Centers Corp. (REG), emiti贸 2.773.083 unidades limitadas de asociaci贸n com煤n a 72,00 $ cada una, recaudando aproximadamente 200 millones de d贸lares bajo la exenci贸n de colocaci贸n privada de la Secci贸n 4(a)(2). Los ingresos se est谩n utilizando para ayudar a financiar la adquisici贸n de cinco centros comerciales anclados en supermercados en el Condado de Orange, CA.
Las unidades tienen un per铆odo inicial de bloqueo y posteriormente pueden ser canjeadas, a opci贸n del titular y a discreci贸n de la Compa帽铆a, por efectivo o por una acci贸n com煤n de REG, lo que introduce una posible diluci贸n. No se registraron otros valores.
Art铆culo 7.01: Un comunicado de prensa fechado el 24 de julio de 2025 (Ex. 99.1) confirma el cierre de la transacci贸n; el comunicado se proporciona pero no se presenta oficialmente. No se acompa帽an estados financieros en este Formulario 8-K.
頃 3.02: 2025雲� 7鞗� 23鞚� Regency Centers, L.P., Regency Centers Corp. (REG)鞚� 鞖挫榿 韺岉姼雱堨嫮鞚� 2,773,083臧滌潣 鞝滍暅霅� 鞚茧皹 韺岉姼雱堨嫮 鞙犽嫑鞚� 臧侁皝 72.00雼煬鞐� 氚滍枆頃橃棳 靹轨厴 4(a)(2) 靷 氚办爼 氅挫牅毳� 韱淀暣 鞎� 2鞏� 雼煬毳� 臁半嫭頄堨姷雼堧嫟. 靾橃澋旮堨潃 旌橂Μ韽媹鞎� 鞓る爩歆� 旃挫毚韹办棎 鞙勳箻頃� 5臧滌潣 鞁濍頀堨爯 欷戩嫭 靽柬晳靹柬劙 鞚胳垬 鞛愱笀 臁半嫭鞐� 靷毄霅╇媹雼�.
鞚� 鞙犽嫑霌れ潃 齑堦赴 鞛犼笀 旮瓣皠鞚� 鞛堨溂氅� 鞚错泟 氤挫湢鞛愳潣 靹犿儩瓿� 須岇偓鞚� 鞛焿鞐� 霐半澕 順勱笀 霕愲姅 REG 氤错喌欤� 1欤茧 甑愴櫂頃� 靾� 鞛堨柎 頋劃 臧�電レ劚鞚� 雮错彫頃╇媹雼�. 雼るジ 歃濌秾鞚� 霌彪霅橃 鞎婌晿鞀惦媹雼�.
頃 7.01: 2025雲� 7鞗� 24鞚检瀽 氤措弰鞛愲(Ex. 99.1)電� 瓯半灅 膦呺毳� 頇曥澑頃橂┌, 氤措弰鞛愲電� 鞝滌稖鞖╈澊 鞎勲媽 鞝滉车鞖╈瀰雼堧嫟. 鞚� 8-K 鞏戩嫕鞐愲姅 鞛鞝滍憸臧� 觳秬霅橃 鞎婌晿鞀惦媹雼�.
Point 3.02 : Le 23 juillet 2025, Regency Centers, L.P., la soci茅t茅 op茅rationnelle de Regency Centers Corp. (REG), a 茅mis 2 773 083 unit茅s limit茅es de partenariat commun au prix de 72,00 $ chacune, levant environ 200 millions de dollars en vertu de l鈥檈xemption de placement priv茅 de la Section 4(a)(2). Les fonds sont utilis茅s pour financer l鈥檃cquisition de cinq centres commerciaux ancr茅s par des 茅piceries dans le comt茅 d鈥橭range, Californie.
Ces unit茅s comportent une p茅riode initiale de blocage et peuvent ensuite 锚tre 茅chang茅es, 脿 l鈥檕ption du d茅tenteur et 脿 la discr茅tion de la Soci茅t茅, contre de l鈥檃rgent liquide ou une action ordinaire REG, ce qui introduit un risque de dilution. Aucun autre titre n鈥檃 茅t茅 enregistr茅.
Point 7.01 : Un communiqu茅 de presse dat茅 du 24 juillet 2025 (Ex. 99.1) confirme la cl么ture de la transaction ; le communiqu茅 est fourni mais non d茅pos茅. Aucun 茅tat financier n鈥檃ccompagne ce formulaire 8-K.
Posten 3.02: Am 23. Juli 2025 gab Regency Centers, L.P., die Betriebspartnerschaft von Regency Centers Corp. (REG), 2.773.083 beschr盲nkte Kommanditanteile zu je 72,00 $ aus und erzielte damit rund 200 Millionen Dollar gem盲脽 der Privatplatzierungsausnahme nach Abschnitt 4(a)(2). Die Erl枚se werden zur Finanzierung des Erwerbs von f眉nf lebensmittelzentrierten Einkaufszentren im Orange County, CA verwendet.
Die Einheiten unterliegen einer anf盲nglichen Sperrfrist und k枚nnen danach nach Wahl des Inhabers und nach Ermessen des Unternehmens gegen Bargeld oder eine Stammaktie von REG getauscht werden, was eine m枚gliche Verw盲sserung mit sich bringt. Es wurden keine weiteren Wertpapiere registriert.
Posten 7.01: Eine Pressemitteilung vom 24. Juli 2025 (Ex. 99.1) best盲tigt den Abschluss der Transaktion; die Mitteilung wird bereitgestellt, aber nicht eingereicht. Keine Finanzberichte wurden diesem Formular 8-K beigef眉gt.
- Strategic expansion: Adds five Orange County grocery-anchored centers, strengthening presence in a high-income market.
- Non-dilutive pricing: $72 issuance price aligns with recent trading, avoiding a deep discount.
- Potential dilution: 2.77 m exchangeable units equal about 1.4 % of future share count once converted.
- No immediate earnings data: Filing lacks guidance on acquisition cap rate or accretion.
Insights
TL;DR: ~$200 m private unit issuance funds OC shopping-center buy; growth offsets dilution鈥攐verall neutral.
The company tapped the OP unit market instead of issuing listed common stock, preserving speed and avoiding underwriting costs. The five Orange County centers should expand net operating income in a high-barrier coastal market, consistent with Regency鈥檚 grocery-anchored focus. However, 2.77 m units are exchangeable 1-for-1 into REG shares, representing roughly 1.4 % of the pro-forma share count and creating identifiable dilution pressure once the lock-up expires. Because pricing mirrors recent REG trading levels ($72), the issuance is not deeply discounted. Net effect is capacity鈥恇uilding rather than accretive on a per-share basis, so I view impact as balanced.
Voce 3.02: Il 23 luglio 2025 Regency Centers, L.P., la societ脿 operativa di Regency Centers Corp. (REG), ha emesso 2.773.083 unit脿 di partnership limitate comuni a 72,00 $ ciascuna, raccogliendo circa 200 milioni di dollari ai sensi dell鈥檈senzione per collocamento privato prevista dalla Sezione 4(a)(2). I proventi saranno utilizzati per finanziare l鈥�acquisizione di cinque centri commerciali ancorati a supermercati nella Contea di Orange, CA.
Le unit脿 prevedono un periodo iniziale di lock-up e successivamente possono essere scambiate, a scelta del detentore e a discrezione della Societ脿, in contanti o in una azione ordinaria REG, introducendo una possibile diluizione. Non sono stati registrati altri titoli.
Voce 7.01: Un comunicato stampa datato 24 luglio 2025 (Ex. 99.1) conferma la chiusura della transazione; il comunicato 猫 fornito ma non depositato. Nessun bilancio 猫 stato allegato a questo modulo 8-K.
Art铆culo 3.02: El 23 de julio de 2025 Regency Centers, L.P., la sociedad operativa de Regency Centers Corp. (REG), emiti贸 2.773.083 unidades limitadas de asociaci贸n com煤n a 72,00 $ cada una, recaudando aproximadamente 200 millones de d贸lares bajo la exenci贸n de colocaci贸n privada de la Secci贸n 4(a)(2). Los ingresos se est谩n utilizando para ayudar a financiar la adquisici贸n de cinco centros comerciales anclados en supermercados en el Condado de Orange, CA.
Las unidades tienen un per铆odo inicial de bloqueo y posteriormente pueden ser canjeadas, a opci贸n del titular y a discreci贸n de la Compa帽铆a, por efectivo o por una acci贸n com煤n de REG, lo que introduce una posible diluci贸n. No se registraron otros valores.
Art铆culo 7.01: Un comunicado de prensa fechado el 24 de julio de 2025 (Ex. 99.1) confirma el cierre de la transacci贸n; el comunicado se proporciona pero no se presenta oficialmente. No se acompa帽an estados financieros en este Formulario 8-K.
頃 3.02: 2025雲� 7鞗� 23鞚� Regency Centers, L.P., Regency Centers Corp. (REG)鞚� 鞖挫榿 韺岉姼雱堨嫮鞚� 2,773,083臧滌潣 鞝滍暅霅� 鞚茧皹 韺岉姼雱堨嫮 鞙犽嫑鞚� 臧侁皝 72.00雼煬鞐� 氚滍枆頃橃棳 靹轨厴 4(a)(2) 靷 氚办爼 氅挫牅毳� 韱淀暣 鞎� 2鞏� 雼煬毳� 臁半嫭頄堨姷雼堧嫟. 靾橃澋旮堨潃 旌橂Μ韽媹鞎� 鞓る爩歆� 旃挫毚韹办棎 鞙勳箻頃� 5臧滌潣 鞁濍頀堨爯 欷戩嫭 靽柬晳靹柬劙 鞚胳垬 鞛愱笀 臁半嫭鞐� 靷毄霅╇媹雼�.
鞚� 鞙犽嫑霌れ潃 齑堦赴 鞛犼笀 旮瓣皠鞚� 鞛堨溂氅� 鞚错泟 氤挫湢鞛愳潣 靹犿儩瓿� 須岇偓鞚� 鞛焿鞐� 霐半澕 順勱笀 霕愲姅 REG 氤错喌欤� 1欤茧 甑愴櫂頃� 靾� 鞛堨柎 頋劃 臧�電レ劚鞚� 雮错彫頃╇媹雼�. 雼るジ 歃濌秾鞚� 霌彪霅橃 鞎婌晿鞀惦媹雼�.
頃 7.01: 2025雲� 7鞗� 24鞚检瀽 氤措弰鞛愲(Ex. 99.1)電� 瓯半灅 膦呺毳� 頇曥澑頃橂┌, 氤措弰鞛愲電� 鞝滌稖鞖╈澊 鞎勲媽 鞝滉车鞖╈瀰雼堧嫟. 鞚� 8-K 鞏戩嫕鞐愲姅 鞛鞝滍憸臧� 觳秬霅橃 鞎婌晿鞀惦媹雼�.
Point 3.02 : Le 23 juillet 2025, Regency Centers, L.P., la soci茅t茅 op茅rationnelle de Regency Centers Corp. (REG), a 茅mis 2 773 083 unit茅s limit茅es de partenariat commun au prix de 72,00 $ chacune, levant environ 200 millions de dollars en vertu de l鈥檈xemption de placement priv茅 de la Section 4(a)(2). Les fonds sont utilis茅s pour financer l鈥檃cquisition de cinq centres commerciaux ancr茅s par des 茅piceries dans le comt茅 d鈥橭range, Californie.
Ces unit茅s comportent une p茅riode initiale de blocage et peuvent ensuite 锚tre 茅chang茅es, 脿 l鈥檕ption du d茅tenteur et 脿 la discr茅tion de la Soci茅t茅, contre de l鈥檃rgent liquide ou une action ordinaire REG, ce qui introduit un risque de dilution. Aucun autre titre n鈥檃 茅t茅 enregistr茅.
Point 7.01 : Un communiqu茅 de presse dat茅 du 24 juillet 2025 (Ex. 99.1) confirme la cl么ture de la transaction ; le communiqu茅 est fourni mais non d茅pos茅. Aucun 茅tat financier n鈥檃ccompagne ce formulaire 8-K.
Posten 3.02: Am 23. Juli 2025 gab Regency Centers, L.P., die Betriebspartnerschaft von Regency Centers Corp. (REG), 2.773.083 beschr盲nkte Kommanditanteile zu je 72,00 $ aus und erzielte damit rund 200 Millionen Dollar gem盲脽 der Privatplatzierungsausnahme nach Abschnitt 4(a)(2). Die Erl枚se werden zur Finanzierung des Erwerbs von f眉nf lebensmittelzentrierten Einkaufszentren im Orange County, CA verwendet.
Die Einheiten unterliegen einer anf盲nglichen Sperrfrist und k枚nnen danach nach Wahl des Inhabers und nach Ermessen des Unternehmens gegen Bargeld oder eine Stammaktie von REG getauscht werden, was eine m枚gliche Verw盲sserung mit sich bringt. Es wurden keine weiteren Wertpapiere registriert.
Posten 7.01: Eine Pressemitteilung vom 24. Juli 2025 (Ex. 99.1) best盲tigt den Abschluss der Transaktion; die Mitteilung wird bereitgestellt, aber nicht eingereicht. Keine Finanzberichte wurden diesem Formular 8-K beigef眉gt.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
July 24, 2025 (
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation) |
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(IRS Employer Identification No.) |
(Address of principal executive offices) (Zip Code)
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(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
Regency Centers Corporation
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Regency Centers, L.P.
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Name of each exchange on which registered |
None |
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N/A |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 3.02 |
Unregistered Sale of Equity Securities |
On July 23, 2025, Regency Centers, L.P., the operating partnership of Regency Centers Corporation (the “Company”), issued 2,773,083 limited common partnership units (“Common Units”), at an issuance price of $72.00 per unit, to partially fund the Company’s acquisition of a portfolio of five shopping centers located in Orange County, California. Following the expiration of an initial lock-up period, each Common Unit is exchangeable, at the option of the holders, for cash or one share of common stock of the Company, at the discretion of the Company, subject to certain limitations, terms and conditions.
The issuance of the Common Units was made in reliance upon the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.
Item 7.01 |
Regulation FD Disclosure |
On July 24, 2025, the Company issued a press release announcing the closing of the Company’s acquisition of the portfolio of five shopping centers located in Orange County, California. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference.
The information furnished under this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 |
Financial Statements and Exhibits |
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(d) Exhibits |
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Exhibit 99.1 |
Press release of Regency Centers Corporation, issued July 24, 2025 |
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Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL documents) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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REGENCY CENTERS CORPORATION |
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July 24, 2025 |
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/s/ Michael R. Herman |
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Michael R. Herman, Senior Vice President General Counsel and Corporate Secretary |
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REGENCY CENTERS, L.P. |
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By: Regency Centers Corporation, its general partner |
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July 24, 2025 |
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/s/ Michael R. Herman |
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Michael R. Herman, Senior Vice President General Counsel and Corporate Secretary |
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Source:
FAQ
How many partnership units did Regency Centers (REG) issue?
What price did Regency Centers receive per unit?
Why were the units issued?
Can the new units be converted into REG common stock?
Is the press release about the acquisition included in the filing?
