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Regency Centers Upgraded by S&P Global Ratings to an ‘A-' Credit Rating

1. S&P raised REG's credit rating to 'A-' with a stable outlook. 2. The rating reflects strong operating performance and financial metrics. 3. REG's portfolio features grocery-anchored properties, enhancing stability. 4. CEO emphasized commitment to operational excellence and financial discipline. 5. The rating upgrade may bolster investor confidence and stock performance.

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FAQ

Why Bullish?

Historically, credit upgrades often lead to increased investor confidence and higher valuations. An 'A-' rating indicates strong financial health, which typically supports stock price appreciation.

How important is it?

The credit rating upgrade is a significant positive factor, directly enhancing REG's credibility and perceived value in the market.

Why Short Term?

Immediate effects may be seen as investors react to the rating upgrade. Similar past instances show quick market responses to credit rating changes.

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SPGDLRARE
February 26, 2025 08:15 ET  | Source: Regency Centers Corporation JACKSONVILLE, Fla., Feb. 26, 2025 (GLOBE NEWSWIRE) -- Regency Centers Corporation (“Regency Centers”, the “Company” or “Regency”) announced today that S&P Global Ratings (“S&P”) raised its credit ratings related to the Company to ‘A-’ with a stable outlook. In its public announcement, S&P noted “Regency Centers has continued demonstrating solid operating performance and financial metric strength, with support from its high quality, grocery-anchored portfolio and healthy retail fundamentals.” “We very much appreciate S&P’s recognition of Regency’s commitment to operational excellence and financial discipline,” said Lisa Palmer, President and Chief Executive Officer. “This accomplishment is a testament to our Company’s long track record of cash flow growth and balance sheet strength, creating value for stakeholders and providing stability through cycles.” 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 This press release was published by a CLEAR® Verified individual.

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