Regency Centers Upgraded by Moody’s to an ‘A3’ Credit Rating
2024年2月28日 - 10:15PM
Regency Centers, L.P. (“Regency Centers”, the “Company” or
“Regency”) announced today that Moody’s Investors Service
(“Moody’s”) raised its credit ratings related to the Company to
‘A3’ with a stable outlook.
In its public announcement, Moody’s noted
“Regency’s consistently strong operating performance such as lease
rate and rent per square foot, high-quality and diversified
portfolio of grocery-anchored shopping centers, prudent capital
strategy, and good liquidity profile.”
“We are gratified by the recognition from
Moody’s of Regency’s long-standing commitment to operational
excellence and balance sheet strength,” said Lisa Palmer, President
and Chief Executive Officer. “This tremendous achievement is a
testament to our disciplined strategy and the exceptional work of
our team in executing the strategy.”
About Regency Centers (Nasdaq:
REG)
Regency Centers is a preeminent national owner,
operator, and developer of shopping centers located in suburban
trade areas with compelling demographics. Our portfolio includes
thriving properties merchandised with highly productive grocers,
restaurants, service providers, and best-in-class retailers that
connect to their neighborhoods, communities, and customers.
Operating as a fully integrated real estate company, Regency
Centers is a qualified real estate investment trust (REIT) that is
self-administered, self-managed, and an S&P 500 Index member.
For more information, please visit RegencyCenters.com.
Christy McElroy904 598
7616ChristyMcElroy@regencycenters.com
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