Double-Checking The Credit Rating (Part 13): Regency Centers
Summary
REG owns over 480 shopping centers, 80% of which have grocery stores as anchor tenants. Total assets are approximately $...
REG owns over 480 shopping centers, 80% of which have grocery stores as anchor tenants. Total assets are approximately $12.73 billion. The company has an investment-grade rating, with low debt and good cost coverage. REG's preferred shares are trading below par and offer a yield of over 6.5%.