Regency Centers plans to sell $250 million 10-year notes Tuesday

By Aleesia Forni

Virginia Beach, May 13 - Regency Centers LP is set to price a $250 million offering of senior notes due 2024 on Tuesday, according to a 424B2 filed with the Securities and Exchange Commission and an informed source.

Wells Fargo Securities LLC, J.P. Morgan Securities LLC, BofA Merrill Lynch and U.S. Bancorp Investments Inc. are the joint bookrunners.

Proceeds will be used to fund eligible green projects, including the acquisition, construction, development or redevelopment of such projects.

The notes will be guaranteed by Regency Centers Corp., a Jacksonville, Fla., real estate investment trust that owns retail shopping centers.

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