Regency Centers amends credit agreement to update sustainability-linked loan metric
Regency Centers and its operating partnership signed a First Amendment to their revolving credit agreement with Wells Fargo as administrative agent, dated July 8, 2024. The filing describes the change as administrative: it updates the baseline metric used to calculate sustainability-linked interest rate margin adjustments tied to Scope 1 and Scope 2 emissions targets. The filing does not report any change to borrowing amounts or pricing levels.
- Amendment dated July 8, 2024 to the Sixth Amended and Restated Credit Agreement
- Changes the baseline metric for sustainability-linked interest rate margin adjustments based on Scope 1 and Scope 2 emissions
- Described in the filing as administrative in nature; full text filed as Exhibit 4.1