Weingarten Realty Investors intends to price new notes

By Lisa Kerner

Charlotte, N.C., Aug. 2 – Weingarten Realty Investors intends to price a new note offering, according to a 424B5 filed with the Securities and Exchange Commission.

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

Proceeds are expected to be used to repay a portion of the amount outstanding under the company’s $500 million unsecured revolving credit facility.

Weingarten is a shopping center owner, manager and developer based in Houston.

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