Regency Centers repays $265 million term loan due January 2022

By Cady Vishniac

Detroit, Jan. 19 – Regency Centers Corp. repaid its $265 million term loan due January 2022 on Jan. 15, according to a press release.

The company now has no unsecured debt due until 2024.

Regency also terminated related interest rate swap contracts for a $2.5 million early extinguishment of debt charge in the fourth quarter of 2020.

Regency is a Jacksonville, Fla.-based real estate investment trust that owns retail shopping centers located in affluent and densely populated areas, most of which are grocery anchored.

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