Slide 1: First Quarter 2021 Fixed Income Supplemental
FIRST QUARTER 2021 Fixed Income Supplemental The Village at Riverstone Houston, TX Midtown East Raleigh, NC Mellody Farm Vernon Hills, IL Village District Raleigh, NC The Field at Commonwealth Chantilly, VA Nocatee Town Center Ponte Vedra Beach, FL Willows Shopping Center Concord, CA Regency Centers
Slide 2: First Quarter 2021 Highlights
First Quarter 2021 Highlights Reported Nareit FFO of $0.90 per diluted share for the first quarter Updated 2021 Nareit FFO guidance to a range of $3.33 – $3.43 per diluted share Reported that Same Property Net Operating Income (“NOI”), excluding lease termination fees, decreased 1.6% during the firs
Slide 3: Subsequent Highlights
Subsequent Highlights On April 7, 2021, completed the refinancing of ten properties in an unconsolidated co-investment partnership with ten individual 10-year secured loans for total gross proceeds of $197 million, or $78.8 million at Regency’s share, at a blended fixed interest rate of 2.90% On Apr
Slide 4: COVID-19 Business Update
COVID-19 Business Update As of March 31, 2021, over 1,700 rent deferral agreements were executed, with total deferred rent of $42.7 million. As of March 31, 2021, the Company had rent deferral agreements with balances still outstanding totaled $28.3 million, of which 56% is on a cash basis. As of Ma
Slide 5: Unsecured Public Debt Covenants and Credit Ratings
i. For a complete listing of all Debt Covenants related to the Company’s Senior Unsecured Notes, as well as definitions of the above terms, please refer to the Company’s filings with the Securities and Exchange Commission. ii. Current period debt covenants are finalized and submitted after the Compa
Slide 6: Capital Structure & Liquidity Profile
Capital Structure & Liquidity Profile Debt Composition Pro-Rata Secured vs. Unsecured 03/31/21 Unsecured Credit Facility - Committed 1,250 Balance Outstanding - Undrawn Portion of Credit Facility 1,250 Cash, Cash Equivalents & Marketable Securities 139 Total Liquidity 1,389 23% 4% 3% 70% 78% 20% 78%
Slide 7: Maturity Schedule
Maturity Schedule A Well-Laddered Maturity Schedule Wtd Avg Interest Rate: 3.8% Wtd Avg Yrs to Maturity: 9+ Yrs Total Pro Rata Debt: $4.2B UNCONSOLIDATED DEBT - SECURED CONSOLIDATED DEBT - SECURED UNSECURED DEBT - BONDS Debt Maturity Profile as of March 31, 2021 $121 2021 $104 2022 $139 2023 $370 20
Slide 8: Follow us / Contact Information and Forward-Looking Statements
Follow us First Quarter 2021 Earnings Conference Call Friday, May 7th, 2021 Time: 11:00 AM ET Dial#: 877-407-0789 or 201-689-8562 Webcast: investors.regencycenters.com Contact Information: Christy McElroy Senior Vice President, Capital Markets 904-598-7616 ChristyMcElroy@RegencyCenters.com Forward-L