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Regency Centers Sells $250 Million of 10-Year ‘Green Bonds’
Shopping center REIT Regency Centers Corp. (NYSE: REG) has completed the sale of $ 250 million of 10-year “green bonds,” the first time a U.S. REIT has issued bonds that exclusively target investment in environmental sustainability projects.
Lisa Palmer, Regency Centers’ CFO, said market reaction to the bonds was “extremely positive.”
