| Regency Centers Sells $400 Million of Ten-Year Senior Unsecured Notes
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Regency Centers Corporation (NYSE:REG) announced today that its operating partnership, Regency Centers, L.P., completed the sale of $400 million of 5.875% ten-year senior unsecured notes under its existing shelf registration statement. The notes are due June 15, 2017 and were priced at 99.527%. Interest on the notes will be payable semiannually on June 15th and December 15th of each year, beginning on December 15, 2007. The net proceeds will be used to reduce borrowings under Regency's corporate line of credit. JPMorgan and Wachovia Securities acted as joint bookrunning lead managers for the transaction. The co-managers were Piper Jaffray & Co., Wells Fargo Securities, PNC Capital Markets, SunTrust Capital Markets, Morgan Keegan & Co., Comerica Securities, ABN AMRO, Mizuho Securities USA, Mitsubishi UFJ Securities International, Daiwa Securities America, and RBC Capital Markets.
Regency Centers Sells $400 Mln. Of 10-Yr Senior Unsecured Notes ...
6/5/2007 2:46:03 PM Regency Centers Corp. (REG) on Tuesday said its operating partnership, Regency Centers, L.P., finalized the sale of $400 million of 5.875% ten-year senior unsecured notes under its existing shelf registration statement. The notes are due June 15, 2017 and were priced at 99.527%. The company said it would use the net proceeds to reduce borrowings under Regency's corporate line of credit. Intertainment Media Agrees To Buy Minority Equity Interest In DC NetCast Media - Quick Facts [INT.V] 6/5/2007 2:41:43 PM Intertainment Media Inc. (INT.V) on Tuesday said it agreed to buy a minority equity interest in DC NetCast Media Inc., a privately held Toronto, Canada company with diversified holdings in both content assets and technology IP.
Credit Card Debt? Think Twice Before Jumping on the Debt ...
Sounds great! Where should you sign up?! Not so fast, advises Jim Young, the CEO of Accelerated Debt Consolidation. According to Jim, debt settlement, or debt negotiation as it is sometimes called, is never a good option for cardholders who are current on their accounts and want to maintain their good credit.“The only time that a settlement makes sense for a consumer is when they need an account settled in order to obtain a new line of credit. For example, if a consumer that had good credit was attempting to obtain a mortgage but they had an old charged off account on their credit report, settling the charged off account could be what the new lender needed before approving the mortgage." What They Don't SayOne of the many things those enticing ads don't point out is that debt settlement can only occur after the accounts are charged off.
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