Regency Centers Corporation · NASDAQ:REG
Regency Centers — Debt Investor Presentation (November 2021)
7 slides from Regency Centers's debt investor presentation, Nov 5, 2021
Slide 1: Third Quarter 2021 Fixed Income Supplemental
THIRD QUARTER 2021 Fixed Income Supplemental Brooklyn Station Jacksonville, FL Westlake Plaza and Center Los Angeles, CA The Village at Riverstone Houston, TX The Field at Commonwealth Washington, D.C. Shops at Skylake Miami, FL Pinecrest Place Miami, FL Regency Centers
Slide 2: Third Quarter 2021 Highlights
Third Quarter 2021 Highlights Reported Nareit FFO of $1.12 per diluted share for the third quarter Updated 2021 Nareit FFO guidance to a range of $3.93 – $3.97 per diluted share Reported that Same Property Net Operating Income (“NOI”), excluding lease termination fees, increased 24.4% during the thi
Slide 3: Subsequent Highlights
Subsequent Highlights § On November 2, 2021, Regency’s Board of Directors (the “Board”) declared a quarterly cash dividend on the Company’s common stock of $0.625 per share, an increase of 5% from the prior quarterly dividend § The Company is currently under contract to acquire Blakeney Shopping Cen
Slide 4: Credit Ratings & Select Ratios
Credit Ratings & Select Ratios Credit Ratings Agency Credit Rating Outlook Last Review Date S&P BBB+ Stable 4/26/21 Moody's Baa1 Stable 3/18/21 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
Slide 5: Capital Structure & Liquidity Profile
Capital Structure & Liquidity Profile Capital Structure (% of total capitalization) Debt Composition Pro-Rata Secured vs. Unsecured 5 73% 21% 3% 3% $15.9 Billion Total Capitalization Equity Unsecured Debt - Bonds Unconsolidated Debt - Secured Consolidated Debt - Secured 22% 2% 76% Secured Fixed Rate
Slide 6: A Well-Laddered Maturity Schedule
A Well-Laddered Maturity Schedule Debt Maturity Profile as of September 30, 2021 Regency aims to have < 15% of total debt maturing in any given year Wtd Avg Interest Rate: 3.8% Wtd Avg Yrs to Maturity: 9+ Years Total Pro Rata Debt: $4.3B 6 $28 2021 $103 2022 $138 2023 $367 2024 $331 2025 $329 2026 $
Slide 7: Follow us
Follow us Third Quarter 2021 Earnings Conference Call Friday, November 5th, 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 Forw
Regency Centers — Debt Investor Presentation (November 2021) on 6ix