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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.


Swiss shares lower in afternoon trade on prospect of weaker Wall ...

ZURICH (Thomson Financial) - Share prices were slightly lower in afternoon trade with Wall Street indicating a lower opening and the ECB's rate hike already priced in, dealers said.

At 2.50 pm, the Swiss Market Index was down 48.26 points at 9,365.97, and the Swiss Performance Index down 43.11 points at 7,614.65.

The euro fell to 1.6449 sfr, while the dollar dropped to 1.2168 sfr.

'The market is slightly lower because of the (currently) weaker US market, but we don't expect the new ECB interest rates to impact on Swiss banks since the change was in-line with expectations,' a Vontobel Bank trader said.

The ECB earlier raised interest rates 25 basis points to 4.00 pct.

Banking stocks were weaker across-the-board, with UBS shedding 1.1 pct or 0.90 sfr at 77.30 and Credit Suisse declining 1.2 pct or 1.15 sfr to 91.30.



 

 

 

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