Regency Centers Corporation · NASDAQ:REG
Regency Centers — Debt Investor Presentation (February 2024)
6 slides from Regency Centers's debt investor presentation, Feb 8, 2024
Slide 1: Fourth Quarter 2023 Fixed Income Supplemental
FOURTH QUARTER2023 Fixed Income SupplementalThe Hub Hillcrest Market | San Diego, CA Glenwood Green | Old Bridge, NJ Avenida Biscayne | Miami, FL | GroundbreakingThe Crossing Clarendon | Washington D.C.
Slide 2: Highlights
HighlightsFourth Quarter 2023 Reported Nareit FFO of $1.02 per diluted share for the fourth quarter, and $4.15 per diluted share for the full year, including the impact of mergertransition expense of $0.02 per diluted share and $0.03 per diluted share, respectively Reported Core Operating Earnings
Slide 3: Credit Ratings & Select Ratios
Credit Ratings & Select RatiosCredit RatingsAgency Credit Rating Outlook Last ReviewDateS&P BBB+ Stable 3/14/23Moody's Baa1 Positive 9/26/23i. 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
Slide 4: Capital Structure & Liquidity Profile
Capital Structure & Liquidity ProfileCapital Structure(% of total capitalization)Debt CompositionPro-RataSecured vs. Unsecured4$17.3 BillionTotalCapitalizationLiquidity Profile ($ millions)Unsecured Credit Facility - Committed 1,250Balance Outstanding (152)Undrawn Portion of Credit Facility 1,098Cas
Slide 5: A Well-Laddered Maturity Schedule
A Well-Laddered Maturity SchedulePro Rata Debt Maturity Profile as of December 31, 2023Regency aims to have < 15% of total debt maturing in any given yearWtd Avg Interest Rate: 3.9%Wtd Avg Yrs to Maturity: 6.9 YearsTotal Pro Rata Debt: $4.7B5$0$100$200$300$400$500$600$700$800$9002024 2025 2026 2027
Slide 6: Follow us
Follow usFourth Quarter 2023 Earnings Conference CallFriday, February 9th, 2024Time: 11:00 AM ETDial#: 877-407-0791 or 201-689-8563Webcast: investors.regencycenters.comContact Information: Christy McElroySenior Vice President, Capital Markets904-598-7616ChristyMcElroy@RegencyCenters.comForward-Looki
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