Regency Centers Corporation · NASDAQ:REG
Regency Centers — Debt Investor Presentation (February 2020)
6 slides from Regency Centers's debt investor presentation, Feb 13, 2020
Slide 1: Fourth Quarter 2019 Fixed Income Supplemental
FOURTH QUARTER 2019 Fixed Income Supplemental Aventura Shopping Center Miami, FL Brick Walk Bridgeport, CT Grand Ridge Plaza Seattle, WA The Village at Riverstone Sugar Land, TX Broadway Market Seattle, WA Mellody Farm Chicago, IL Regency Centers
Slide 2: Fourth Quarter and Full Year 2019 Highlights
Fourth Quarter and Full Year 2019 Highlights nnFor the three months ended December 31, 2019, Net Income Attributable to Common Stockholders (“Net Income”) of $0.24 per diluted share. nnFourth quarter NAREIT Funds From Operations (“NAREIT FFO”) of $1.00 per diluted share. nnYear-to-date same property
Slide 3: Credit Ratings and Select Ratios
Credit Ratings and Select Ratios Unsecured Public Debt Covenants(i) Required 9/30/19 6/30/19 3/31/19 12/31/18 Fair Market Value Calculation Method Covenants Total Consolidated Debt to Total Consolidated Assets ≤ 65% 29% 28% 28% 28% Secured Consolidated Debt to Total Consolidated Assets ≤ 40% 4% 4% 4
Slide 4: Capital Structure & Liquidity Profile
Capital Structure & Liquidity Profile Debt Composition Pro-Rata %15.3 Billion Total Capitalization EQUITY UNSECURED DEBT – BONDS SECURED DEBT UNSECURED DEBT – BANK CREDIT FACILITIES UNSECURED BONDS SECURED FIXED TERM LOAN LINE OF CREDIT SECURED VARIABLE Secured vs. Unsecured UNSECURED SECURED Liquid
Slide 5: Maturity Schedule
Maturity Schedule Debt Maturity Profile ($mm) Target: <15% of total debt maturing annually UNCONSOLIDATED DEBT - SECURED CONSOLIDATED DEBT - SECURED UNSECURED DEBT - BONDS UNSECURED DEBT - BANK Wtd Avg Interest Rate: 3.8% Wtd Avg Yrs to Maturity: 9+ Yrs Total Pro Rata Debt: $4.4B (i) Unsecured revol
Slide 6: Follow us / Earnings Conference Call and Contact Information
Follow us Fourth Quarter 2019 Earnings Conference Call Thursday, February 13th, 2020 Time: 11:00 AM ET Dial#: 877-407-0789 or 201-689-8563 Webcast: investors.regencycenters.com Contact Information: Laura Clark Senior Vice President — Capital Markets 904-598-7831 LauraClark@RegencyCenters.com Forward
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