Friday, December 4, 2009

Regency Centers (REG) Stock Offering is Good News for Our Pair Trade

Regency Centers Corporation (REG) announced today that it will sell 8,000,000 shares of its common stock.

That is good news for the REG / REG-E pair trade I have on. Increased supply of REG shares will weigh on the market incrementally more, while creating a larger equity cushion to support the preferred, REG-E.

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